FM Exam Practice
FM Exam Practice
FM Exam Practice
Beginning of period
Increases / (decreases)
End of period 15,100
365
2013 2014
Accounts payable
Beginning of period
Increases / (decreases)
End of period 7,594
AP as % of COGS 14.9%
Days payables outstanding (DPO) 54 days
15 16 17 18 19
31.3%
3.2x
114 days
-69152
2020
9,549
559
10,107
14.6%
53 days
5,030
506
5,536
45,923
4,915
50,838
1424
2.8%
100%
0%
20
68,537
7,344
2,942
78,823
7,344
40.1%
2,942
0
0
7344
HUL SBI % Return HUL % ReturnSBI
8 Rp 3.01%
(W1SD1)^2+
(W2SD2)^2+
2*W1W2SD1SD2
*r) SD (Portfolio) 5.39%
9
((port*sd)^2+(port*sd)^2+(2*port*sd*port*sd*cor))^0.5
Rp
Range is -1 to +1
step12 step13