Question

Upon graduation you receive a job offer from Pronto Manufacturing Incorporated. Duties listed with this job position include responsibilities in implementing the policy and management of cash conversion, inventory, and receivables. To get ready for the start of this job you decide to review the following topics.
1. What is the cash conversion cycle and what is the difference between it and the operating cycle?
2. What are some ways of shortening the cash conversion cycle?
3. Discuss techniques for controlling inventory.
4. What aspects must managers consider when deciding on a trade credit policy for the firm?
5. Describe the five C's of credit.
6. What factors should managers consider when determining the company's collection policy?


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  • CreatedMarch 26, 2015
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