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Q. Credit control - account receivable management?
Once credit has been established it is important to review outstanding accounts on a regular basis so overdue accounts can be identified. This can be done for instance by an aged receivables analysis. It is as well important to ensure that administrative procedures are timely and robust for example sending out invoices and statements of account and communicating with customers by telephone or e-mail and maintaining account records.
Explain how the cash budget and the capital budget relate to pro forma financial statements. The cash budget demonstrates the projected flow of cash in and out of the firm fo
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Explain Capital Budgeting and its methods.
As the cash manager of your company, you wish to buy $1,000,000 in 30-day Treasury bills. You obtain the following bid/ask quotes from three dealers:
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Two years ago, Randburg Ltd needed to accumulate a total of R250000 by the end of 5 years to acquire new imported machinery. To do so Randburg Ltd makes quarterly-annual deposits i
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