question archive What kind of measures can the CFO take to stop the bad trend and overcome the crisis in a sluggish environment? You can use all sources, but do not quote directly, summarize it in your own words, not more than half a page, list briefly
Subject:FinancePrice:2.86 Bought7
What kind of measures can the CFO take to stop the bad trend and overcome the crisis in a sluggish environment? You can use all sources, but do not quote directly, summarize it in your own words, not more than half a page, list briefly
Measures that can be taken by the chief financial officer to stop the bad trend and overcome the crisis in the sluggish environment are-
A. He will be trying to reduce the overall amount of debt capital in the books of accounts of the company.
B. He will be trying to reduce the overall cost of the financial distress on the books of accounts of the company and eliminate the indirect cost of bankruptcies.
C. He will also try to enhance the overall liquidity on the hands of the company and increase the net working capital.
D. He will be trying to increase the cash conversion cycle of the company and have higher liquidity on the hands of the company and form of higher cash.
E. He will be trying to invest for the longer period of time by taking long term loans and he will be trying to apply the maturity concept of capital Management.