Bi tp Qun tr ti chnh

CHNG 1
NGUN TI TR NGN HN TRONG DN
Bi 1.
Doanh thu nam ke hoach cua cong ty TNT d kien at 20 ty ong, hien tai doanh thu la 15 ty ong. Tai
san lu ong la 5 ty ong va tai san co nh la 5 ty ong. Ty suat li nhuan rong bang 10% doanh thu.
Cong ty cho rang TSL se tang ty le theo mc tang doanh thu nhng TSC ch tang khoang 100 trieu
ong. Cac khoan phai tra d kien la 1,5 ty ong, n dai han 2 ty ong. Von co phan thng la 4 ty ong,
li nhuan gi lai d kien khoang 2,5 ty ong. Ke hoach thanh toan co tc cho co trong trong nam ti la
0,5 ty ong.
a.

Tnh nhu cau von can tai tr cho nam ke hoach cua TNT

b.

Tren c s d toan tren, gia s rang TSL ch tang 100 trieu ong th doanh thu nam
ke hoach cua doanh nghiep se phai tang bao nhieu e khong can nguon tai tr tai chnh?

Bi 2.
Cong ty thi trang Helen lap ke hoach yeu cau ngan hang cap mot han mc tn dung. Hien tai la cuoi
thang 5/N, cong ty d kien doanh thu trong cac thang ke tiep cua nam N nh sau:
n v: trieu ong
Thang 5

180.000

Thang 9

720.000

Thang 6

180.000

Thang 10

360.000

Thang 7

360.000

Thang 11

360.000

Thang 8

540.000

Thang 12

90.000

Ngoai ra, doanh thu thang 1/N+1 d tnh la 180.000 trieu ong. Doanh thu ban hang c d tnh thu
10% ngay trong thang ban hang, 75% thu trong thang sau va 15% thu trong thang th hai sau khi ban
hang. Cac khoan chi ve nhan cong va nguyen vat lieu c thc hien ngay trong thang phat sinh. D
kien ve cac khoan chi nay nh sau:
Thang 5

90.000

Thang 9

306.000

Thang 6

90.000

Thang 10

234.000

Thang 7

126.000

Thang 11

162.000

Thang 8

882.000

Thang 12

90.000

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Bi tp Qun tr ti chnh

Moi thang cong ty con phat sinh cac khoan chi ph nh sau: chi ph quan ly doanh nghiep khoang 27.000
trieu ong, cac khoan thanh toan tien thue dai han la 9.000 trieu ong, chi ph khac 2.700 trieu ong.
Thanh toan thue thu nhap doanh nghiep vao cuoi thang 9 va thang 12 moi lan 63.000 trieu ong. Ton
quy tien mat vao ngay 1/6/N la 132.000 trieu ong, so d tien mat toi thieu la 90.000 trieu ong.

Yeu cau:
a.

Lap ngan sach tien mat cho 6 thang cuoi nam N

b.

Xac nh so von vay hoac so von au t hang thang

c.

Xac nh han mc tn dung cong ty co the e ngh ngan hang cho vay.

Bi 3.

Co bang can oi ke toan va bao cao ket qua kinh doanh cua cong ty ABC nh sau:
n v: trieu ong
TAI SAN
I. TSL & TNH
1. Tien mat
2. Cac khoan phai thu
3. Hang ton kho

N-1
55,600
4,000
18,500
33,100

N
80,100
3,900
29,500
46,700

II. TSC & TDH

1. TSC (Nguyen gia)
- Khau hao

15,400
20,100
4,700

16,200
22,900
6,700

Ton g tai san

71,000

96,300

CH TIEU
Doanh thu ban hang va cung cap dch vu

NGUON VON
I. N phai tra
1. N ngan han
- Vay ngan han
- Phai tra ngi ban
- Phai nop NSNN
2. N dai han
II. Nguon von chu s hu
1. Von ieu le
2. Li nhuan gi lai
Ton g nguon von

N-1

N-1
32,700
20,500
5,100
10,300
5,100
12,200
38,300
23,300
15,000
71,000

190,000

210,000

5,300

14,300

1. Doanh thu thuan

184,700

195,700

2. Gia von hang ban

153,500

168,800

3. Li nhuan gop

31,200

26,900

4. Chi ph hoat ong tai chnh

1,750

2,970

1,750

2,970

15,300

16,900

Chiet khau thng mai

- Lai vay phai tra

5. Chi ph ban hang

N
57,400
45,500
18,200
20,000
7,300
11,900
38,900
23,300
15,600
96,300

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Bi tp Qun tr ti chnh

6. Chi ph quan ly doanh nghiep

3,600

5,700

10,550

1,330

8. Thue thu nhap doanh nghiep (25%)

2,638

333

9. Li nhuan sau thue

7,913

998

- Li nhuan gi lai

4,750

600

7. Li nhuan trc thue

Nm N+1 doanh thu d kin tng 20%, t trng gi vn hng bn, chu k lun chuyn VL v cc
t l khc khng i so vi nm hin hnh. Xc nh nhu cu VL nm N+1 v tm ngun ti tr
bit rng nm N+1 cng ty d nh pht hnh thm 3.000 triu ng c phiu thng, u t thm
vo TSC 2.200 triu ng, khu hao TSC ly k d kin nm N+1 l 7.400 tr.
Bi 4.
Cong ty Nha xinh chuyen kinh doanh o go noi that, trong o doanh thu cua cong ty khoang 30% thu
c sau khi ban hang 1 thang, 50% thu c sau 2 thang va so con lai sau 3 thang. Chi ph mua hang
thng chiem khoang 75% doanh thu hang thang va c tra cham 1 thang. Cac khoan chi ph khac c
cho trong bang sau:
n v: trieu ong
Thi gian

T1

T2

T3

T4

T5

Tien lng

3.000

Chi ph thue ngoai

T6

10.000

7.000

8.000

6.000

4.000

4.000

4.000

4.000

4.000

4.000

4.000

Chi ph khac

1.000

500

1.200

1.500

1.500

1.200

Tong CFH

8.000

14.500

12.200

13.500

11.500

9.200

Trong thang 2/N, cong ty d tnh mua them may moc thiet b mi tr gia 14 ty ong, thi gian s dung la
10 nam, khau hao theo phng phap ng thang (khau hao c tnh hang thang). Vao thang 5 cong ty
se thanh toan mot khoan n ao han la 12 ty ong va lai vay ngan han 600 tr (cho khoan vay 12 ty
ong, thi han t thang 1 ti thang 5). Vao thang 6 cong ty se thanh toan 7.500 tr lai vay dai han (cho
thi han t thang 1 ti thang 6 nam N)

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Bi tp Qun tr ti chnh

Ngan sach tien mat au thang 1/N la 2.000 tr va cong ty muon gi ngan sach toi thieu mc 1.000 tr.
Viec vay mn c tien hanh vao au moi thang theo nhu cau von can thiet, lai suat 1%/thang, tra lai
vao cuoi thang.
Ke hoach doanh thu 8 thang nam N va 3 thang cuoi nam N-1 nh sau:
n v: trieu ong
Nam N-1

Doanh thu

Nam N

Doanh thu

Nam N

Doanh thu

Thang 10

55.000

Thang 1

60.000

Thang 5

110.000

Thang 11

62.000

Thang 2

75.000

Thang 6

100.000

Thang 12

50.000

Thang 3

88.000

Thang 7

80.000

Thang 4

100.000

Thang 8

75.000

Thue suat thue TNDN cua cong ty la 25%. Biet rang chi ph mua hang cua cong ty vao thang 12/N-1 la
56.250 tr. Hay lap ngan sach tien mat cho 6 thang au nam N cua cong ty.

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Bi tp Qun tr ti chnh

CHNG 2
QUYET NH AU T TAI SAN LU ONG
Bi 5.

Cong ty Transimex at doanh thu la 15.000 trieu ong, hang ton kho 2.000 trieu ong,
khoan phai thu 3.000 trieu ong, va khoan phai tra 1.000 trieu ong. Gia von hang ban chiem
80% doanh thu. Chu ky ngan quy cua cong ty la bao nhieu? Neu cong ty giam hang ton kho va
cac khoan phai thu moi loai 10% va tang khoan phai tra 10%, tat ca eu khong anh hng en
doanh thu va gia von hang ban, chu ky ngan quy mi la bao nhieu?
Bi 6.

Cong ty Mai Linh co ieu khoan ban chu la 3/10 net 30. Tong doanh thu trong nam cua
cong ty la 12.600 tr. Trong o co 40% khach hang thanh toan trong 10 ngay au, 60% khach
hang con lai thanh toan trong 40 ngay sau khi mua hang. Hay xac nh:
a. Ky thu tien bnh quan va cac khoan phai thu bnh quan
b. Lai suat danh ngha va lai suat hieu dung cua khoan ban chu
c. Neu cong ty thay oi chnh sach ban chu th d kien co 60% khach hang se thanh toan trong 10
ngay au, so con lai se thanh toan trong vong 30 ngay sau khi mua hang. Xac nh cac khoan
phai thu trong trng hp nay.
Bi 7.
Cong ty X ban hang theo phng thc 2/20 net 60. Mot khach hang Y mua hang vi tr gia hoa
n la 500 trieu ong.
Cong ty Y se c giam bao nhieu tien theo hoa n neu thanh toan vao ngay th 20
Xac nh lai suat cua khoan mua chu tren neu cong ty Y thanh toan vao ngay ao han.
Bi 8.
Cong ty An Thai d nh thay oi chnh sach ban chu t 2/15 net 30 sang 3/10 net 45. Hien tai
co 40% khach hang cua cong ty ang c nhan chiet khau, 30% khach hang a thanh toan ung han,
con 30% thanh toan cham 10 ngay, ton that n kho oi la 2% doanh thu. Neu thc hien chnh sach ban
chu mi d kien so khach hang c nhan chiet khau se tang len 50%, 30% khach hang thanh toan
ung han, so con lai thanh toan cham 15 ngay. ong thi d kien doanh thu tang t 28.000 tr len 36.400
tr, ton that n kho oi d kien tang len 4% doanh thu.
Ty le chi ph bien oi tren tong doanh thu la 75%, lai suat au t cac khoan phai thu la 15%, thue
suat thue TNDN 25%. Cong ty co nen thay oi chnh sach ban chu khong, tai sao?

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Bi tp Qun tr ti chnh

Bi 9.
Cng ty Lilama mua 8.000 triu ng nguyn vt liu vi iu khon 3/5 net 60. Li sut tn dng
danh ngha v hiu dng l bao nhiu vi iu khon mua chu trn. Nu cng ty vay vn ngn hng
vi li sut 20%/nm, tr li hng thng th li sut hiu dng ca khon vay l bao nhiu? Cng ty
nn vay ngn hng hay s dng tn dng thng mi, ti sao?
Bi 10.

Phong cong chng so 3 co dong tien rong hang nam la 500 trieu ong, khi lng tien mat
ton quy cao van phong se mua tn phieu kho bac co lai suat 10%/nam. Chi ph mot lan giao dch
mua/ban tn phieu la 200.000 ong. Hay xac nh:
a.

Xac nh so d tien mat toi u cua phong cong chng

b.

So lan mua tn phieu toi u trong nam

c.

Neu chi ph giao dch tang gap oi, giai thch tai sao van phong nen thay oi lng tn
phieu mua moi lan giao dch?

Bi 11.
Cong ty ban keo Bien Hoa d nh chi ph at hang la 5 trieu ong moi lan, chi ph at hang va chi ph
nam gi hang ton kho la 0,25 trieu ong cho moi tan. Tong nhu cau ton kho cho mat hang nay la 5.000
tan trong thi gian 1 nam.

a.

Hay tnh lng at hang toi u

b.

Gia s lng at hang moi lan la 550 tan, hay tnh chi ph ton kho bnh quan

c.

Vi lng at hang toi u va tnh c cau a, can co bao nhieu n at hang?

Mc ton kho bnh quan la bao nhieu?

d.

Neu thi gian at hang la 30 ngay, cong ty banh keo Bien Hoa can at hang khi
mc ton kho giam con bao nhieu? (iem at hang)

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