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Unformatted text preview: accounts receivable and inventory. The company could have trouble paying back its creditors, it may have to cut inventory or worst-case scenario it could go bankrupt. What techniques would you recommend for your organization? Why? For my organization, I would try to ensure that the company is able to continue its operations and that it has sufficient cash flow to satisfy both maturing short-term debt and upcoming operational expenses. Our inventory is very important to the daily jobs and the cash that is being brought in on a daily basis. Just today, one of our customers claims they cannot find 47 cones we dropped off for traffic control. Better inventory control will reduce the investment in materials, minimize reordering costs, and increase cash flow. With the increased cash flow from proper inventory...
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- Spring '08