BUSN 379 Cash Management

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BUSN 379 Cash Management
What strategies can a firm use to optimize its cash cycle? How does the credit policy affect cash…

 

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BUSN 379 Cash Management

BUSN 379 Cash Management

Discussions Week 7 All Students Posts 14 Pages

What strategies can a firm use to optimize its cash cycle? How does the credit policy affect cash management? Other than discounts, how do you believe firms can accelerate payments from clients? What are some strategies you as a financial manager would recommend? How do you bring in more cash to your business? What strategies can you use? And what sources of short-term financing can you use to help in obtaining more cash for immediate needs?

Consider the following practical example: You place an order for 100 units of inventory Part A at a unit price of $522. The supplier offers terms of 2/25, net 40. How much should you remit if you take the discount? How do you believe a company can “prove” its creditworthiness to vendors, for instance material vendors?…