1. Evaluate the overall performance and financial structure of Pearson Air Conditioning & Service. 2. What are...
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1. Evaluate the overall performance and financial structure of Pearson Air Conditioning & Service.
2. What are the strengths and weaknesses in this firm’s management of accounts receivable and inventory?
3. Should the firm reduce or expand the amount of its bank borrowing?
4. Evaluate Pearson’s management of accounts payable.
5. Calculate Pearson’s cash conversion period. Interpret your computation.
6. How could Pearson Air Conditioning & Service improve its working-capital situation?
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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1 The following ratios come from Chapter 10 which help us evaluate a firms performance While we are not provided industry norms the following observations seem appropriate The current ratio of 21 indi...View the full answer
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