tf1 - inventory They can also look at decreasing the time...

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T o p i c F o c u s 1 T 1 Focus Unit 1 – Focus on C&C Sports Managerial Accounting Context: C&C Sports Learning Objectives 1. Describe the business environment of C&C Sports. SOLUTIONS TO GUIDED UNIT PREPARATION 1. C&C Sports has chosen to remain a domestic producer of baseball uniforms and award jackets. The company focuses on quick delivery and fast customer response. The target market is the state of Texas. 2. Increasing accounts receivable and inventory has been a drain on cash. The company appears to be paying off long-term debt by taking out short-term loans. The challenge is to learn to manage operational cash flow better to increase the cash balance without turning to debt financing. 3. C&C Sports’ managers could reduce the cash tied up in
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Unformatted text preview: inventory. They can also look at decreasing the time it takes customers to pay their accounts. 4. C&C Sports faces threats from competitors who use foreign production facilities to manufacture their products at a lower cost. The company also faces a market where U.S. shipments of team sports uniforms is decreasing. 5. Answers to this question will vary. Among the characteristics mentioned will be high quality, on-time delivery, knowledgeable and helpful sales staff, reasonable prices, adequate on-hand inventory to meet customer demand, and fast response to customer inquiries. F1-1 ph ot o: © js ny de rd esi gn / iSt oc kp ho to...
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