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Cash Management Techniques
The basic strategies that must be employed via the business firm in managing its cash are as:
i) To pay account payables as behind as possible with no damaging the firm's credit rating. However the firm should obtain advantage of any favorable cash discounts offered.
ii) Turnover inventory as rapidly as possible, but avoid stock outs that might result in loss of sales or shutting down such 'production line'.
iii) Collect accounts obtainable as quickly as possible with no losing future sales since of high pressure collection systems. The firm may employ cash discounts to accomplish this objective.
Definition of Stock Exchange According to Pyle: "Stock Exchange are market places where securities which have been listed thereon, may be bought and sold for either investme
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Why are financial institutions heavily regulated, with specific focus on their ability to increase or reduce the money supply?
In the present case, we need to take a decision about implementing one of the available two options, based on various factors. The available two options are either to complete a se
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Example of Conversion Ratio and Conversion Price ABC Company Ltd books as: 10.000, Sh.20 ordinary share capital 10,000, Shs.10 8% preference share c
on this sentence: "all have an interest in understanding what drives trade" please explain what''s meaning of "what drives trade"?
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