@financewithusman1: The examination is over, but the learning continues! Let’s revisit Question 1 (Kasco Plc) and examine the suggested approach to calculating the maximum salary a company can afford to pay a new Credit Controller. In this solution, we explore: ✅ Average receivables collection period. ✅ Working capital financing cost savings. ✅ Credit management decisions. ✅ How to evaluate the financial benefits of employing a Credit Controller. Remember, understanding the logic behind your calculations is just as important as getting the correct answer. ICAN candidates, how did you find Question 1? Did you attempt it? Share your experience in the comments! Follow Finance With Usman for more ICAN examination reviews, simplified finance concepts and practical accounting lessons. #ICAN #ICANNigeria #ICANNovember2026 #FinancialManagement #ICANStudents

gbotemine03 :

How person wan take reason this one. I only did that C part o

Finance_With_Essy :

I knew this was it but I was confused on how to start 😭, God!!!

sid_of_techdive :

Una know book o but how did they expect us to think this in exam hall 😂

FADASON :

How person wan reason go this side first God abeg. Omo I kuku just leave am go answer other questions.

Finance with Usman :

PART C: FIVE FACTORS THAT DETERMINE A COMPANY’S INVESTMENT IN WORKING CAPITAL 1. Nature of Business Different businesses have different working capital requirements. A manufacturing company generally requires more working capital than a service company because it maintains inventories of raw materials and finished goods. 2. Size of Business Larger businesses generally require more working capital to finance their day-to-day operations, including inventory, receivables and operating expenses. 3. Production Cycle Businesses with longer production cycles require more working capital because funds remain tied up in production for longer periods before goods are sold. 4. Credit Policy A company offering generous credit terms to customers will generally require more working capital because cash takes longer to be collected from receivables. 5. Seasonal Fluctuations Businesses experiencing seasonal demand may require additional working capital during peak periods to finance increased inventory, production and operating expenses

Nail Tech in Enugu 💅 :

Jxt Omor tgat exam na really financial risk Buh I go survive

Iyiola_jr :

walai I accidentally prepare the exact solution on the first slide 🤣🤣🤣

Horlamhilekhan27 :

I never knew I actually needed to calculate the annual cost of equivalent for the new equipment. I only calculated the current receivables and the revised receivables by hiring the debt controller and the cost of financing both the current receivables and revised receivables to get the savings achieved in cost by hiring the new debt controller.

Demola🐍 :

November 2025 questions too pay me🤭.

JAIDO OF LAGOS👨‍💼🇳🇬 :

Jehova

Abdulquryyumm 🧑🏿‍💻💫🤓 :

oh, na wetin them talk say make we calculate he this.😂 oyana.

Light 💡 ✝️ :

We Dey do things in practice ooo na interpretation Ican dey after

Dolapo A :

Omo I leave the question for them o, I did the C

Ttop💛 :

how I wan take Reason ham

Īzuu Chukwu⚖️ :

omo, if I pass na God🤧

Queen_Esther :

As how na 🤧😩

kanyinsanya :

Light 💡 ✝️ :

Like weighted average

RSK 001 :

its well ooo

hassanolajuwon6 :

All these ones no fit buy Benz

Olugbode Boluwatife A :

😳