Working Capital counselling Concepts Worksheet Working Capital Management Concepts Worksheet |Concept |Application of Concept in the Simulation | part to Concept in Reading | | | | | |Terms of sale |Lawrence Sports acquire to set up a credit account with their primary election customer, |To encourage customers to pay before| | |Mayo. However, Mayo has not been concourse their repayment due dates. |the final date, it is common to offer| | |Lawrence whitethorn want to change their term of sale for future purchases. A |a hard currency discount for prompt | | |seller may allow more extended payment if its customers are in a low-risk, if|settlement. You have decided on the | | |their account is large, if they strike time to check their quality of the |contract that customers must manse; | | |goods, or if the goods are not quickly resold (Brealey, & et al, p.819).
|and you have effected a procedure | | | |for estimating the probability that | | | |they will pay up (Brealey, & et al, | | | |p. 814). | | | | | |Cash flow |Cash flow is the total from cash receipts less any payments which was made |You cannot pay bills with stock-taking | |... If you want to get a full essay, order it on our website:
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