BFC 0.00% 0.3¢ beston global food company limited

Ann: Appendix 4E - 2016 Preliminary Final Report-BFC.AX, page-36

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  1. 304 Posts.
    Current assets (receivables and inventory) expected to convert to cash is 12months.
    Current liabilities (creditors, tax payable) are debts to be paid within 12months.
    A company this size will always use accrual accounting recognising a sale on delivery to customer (payment to be received from customer sits in trade receivables)
 
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