It is said that cash is KING; keeping that in mind, in Chapter 5 of your text read the four In-Depth presentations:
Text book: Foerster, S. (2015). Financial Management. Welwyn Garden City: Pearson Education UK. Chapter 8 – Making Investment Decisions
a) Inventory Management Systems;
b) Aging Schedules and Bad Debt;
c) The Cost of Foregoing Discounts on Payables; and
d) Working Capital Management Ratios Across Industries.
In a 3 page paper explain why day-to-day cash flow management has important implications for both the short-term AND long-term financial requirements of a company.
Paper Writing Requirements
Most classes have a 2 paper requirement per course. Please be sure to address the following requirements when completing your papers:
The cover page and reference page/s are not included in the page requirement or word count. These should be in addition to page requirements.
Papers need to be formatted in proper APA 6th Edition style.
Each paper requires a minimum of at least three outside peer-reviewed sources for your references.
Acceptable/credible sources include: Academic journals and books, industry journals, and the class textbook. You could use credible business website sources in addition to the peer-reviewed required sources, but avoid Wikipedia and Google. These are academic papers that need to include scholarly research.
Using your textbook is required as well to demonstrate that you have read the required material.