Essay: Temporary Requirements of a Company

Sample Essay

The temporary requirements of the company are calculated by deducting the minimum level of assets from the total amount of current assets in a month. Table 1 indicates that the current assets in January are already at the minimum required level which is $25,000. The level of current assets in February is $40,000 which is $15,000 above the minimum level therefore the temporary requirement in February is $15,000.

The level of current assets in March is $50,000 which is $25,000 above the level of minimum requirement therefore temporary requirement for March is $25,000. The temporary requirements for all other months have been calculated on a similar pattern. The total temporary requirement for the year is $960,000 which is divided by 12 to arrive at the average temporary level of $80,000. This indicates that the average seasonal or temporary funds required for Wave Satellites is $80,000.

Please go to the order form to order essays, research papers, term papers, thesis, dissertation, case study, assignments on this essay topic.