question archive In managing working capital for a fast moving consumer goods manufacturing company, it requires careful attention to the condition of the domestic economy
In managing working capital for a fast moving consumer goods manufacturing company, it requires careful attention to the condition of the domestic economy
Subject:AccountingPrice: Bought3
In managing working capital for a fast moving consumer goods manufacturing company, it requires careful attention to the condition of the domestic economy.
a. What economic indicators (macro) and financial statement ratios (micro) do you need to pay attention to as the company's finance manager to determine the right choice of working capital management strategy?
b. When you are faced with the choice to manage your Account Payable, what kind of discount method do you choose to make it more profitable? Tell.
c. A long Cash Conversion Cycle will benefit customers and maintain customer loyalty, but on the other hand it will put pressure on the company's finances. What do you think and what are your actions as a finance manager to overcome this?
