Nobody downloaded yet

Financial Assignment (Breeze House) - Essay Example

Comments (0) Cite this document
Summary
The company needs to incur a debt of £50,000 in order to have a better cash flow that would be needed for the company’s operating activities. As reflected on the cash flow (see Table 2), the net cash used for…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.7% of users find it useful
Financial Assignment (Breeze House)
Read TextPreview

Extract of sample
"Financial Assignment (Breeze House)"

Download file to see previous pages As a business, the accounts receivables are one the company’s sources of cash. Accounts receivable is like cash in the bank. It shows up as an asset on the balance sheet because it means value in the business. (Muckain, 1998)
When looking at the budgeted profit and loss statement of the company (see Table 1), the net income of the company is not stable. This means that revenues and expenses that are incurred for the month are actually revenues and expenses that should have been incurred on a different month. As mentioned, this situation happens because of the long turnover of accounts receivable while the accounts payable are settled within the month. However, the practice of the company of maintaining inventory stocks with a lead time of half of the next month’s demand is commendable, since it is enough to satisfy the demand of the market while preventing over-stocking or under-stocking of inventory.
Effective credit control is one way of improving the cash flow of the company. A good credit control system increases sales, reduces bad debts and increases profits. The credit control can also increase the creditworthiness of the company and build confidence in the banks. An effective control system focuses on the accounts receivable of the company. (Brealey, Myers, & Marcus, 2001)
It is a practice of companies to allow a delay in payment if it cannot demand cash on delivery. However, the customer’s promise to pay for their purchases constitutes a valuable asset (Tracy, 2002). As a valuable asset, credit must be managed properly and promptly. At Breeze House, the company has overlooked the importance of managing its accounts receivable such that they incurred losses in the long run and acquired problems with the cash flow.
This paper recommends implementing a credit control system for Breeze House. The implementation program starts by using control points ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Financial Assignment (Breeze House) Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Financial Assignment (Breeze House) Essay Example | Topics and Well Written Essays - 2500 words. Retrieved from https://studentshare.org/miscellaneous/1562976-financial-assignment-breeze-house
(Financial Assignment (Breeze House) Essay Example | Topics and Well Written Essays - 2500 Words)
Financial Assignment (Breeze House) Essay Example | Topics and Well Written Essays - 2500 Words. https://studentshare.org/miscellaneous/1562976-financial-assignment-breeze-house.
“Financial Assignment (Breeze House) Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/miscellaneous/1562976-financial-assignment-breeze-house.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The House of Tata
...segments, it is likely to have diminishing performance. Therefore, in this case selling part of Tata company was againstthecompany’s need for expansion. This limited its market segments and would lead to diminished performance of the company. Similarly, selling part of the company was a step that reduced the operating capital of the company. Therefore,most of its activities in the market were reduced. d) Revitalisation of Tata administration The administration of a company is considered a vital aspect that will dictate its performance. A company that has utterly trained and experienced administration is likely to give positive results at the end of each financial year. However, any company thatdoes not have an...
3 Pages(750 words)Assignment
Global investment house ksc
...: Global Investment House Going Concern Reporting, 2007 Financial Statements This section of the research will evaluate the going concern issues and matters in the Global Investment House, Kuwait. This will involve a Going Concern analysis of the entity to undertake a thorough evaluation of the going concern matters and issues that occurred in the period from the financial statements and annual reports. Global Investment House is a financial institution incorporated in Kuwait in 1998. It is regulated by the Central Bank of Kuwait and provides various services to customers around the world. It provides financial and...
22 Pages(5500 words)Assignment
Brand House Services Company
...? Brand House Services Company of the Executive Summary Being the last assignment of the cooperative education, this study isobvious to be inferential in nature. The main thrust and emphasis will be on two different subjects. The first section will discuss or will be to critically reflect upon the workplace experience and along with that discussion about the other learning goals will also be highlighted. On the basis of the discussion, relevant conclusions about the subject of concern will be drawn. Recommendations will be also provided on the basis of the findings. The second section of the study will encompass discussion about the research topic chosen during the first assignment of this study. Hence the topic of...
17 Pages(4250 words)Assignment
A new house - economy
...The decision to purchase a new house is a huge decision that many individuals make throughout their life. Many may become leery if the economy does not look promising. This is so since the home buyer typically purchases a house in hopes of being able to earn equity in the house. If the economy shows weakness it is likely that the home purchase may involve losing equity over time. This being the case the marginal benefits may not outweigh the marginal costs. A home can be purchased in a weak economy if the buyer is not concerned about equity. The removal of the tax deduction has its affects on the housing market in a few different ways. Many do not purchase a home just...
1 Pages(250 words)Assignment
A Doll house
...“The Doll’s House.” Henrik Ibsen’s drama, “A Doll’s House,” explores gender roles, as seen in the marriage of Nora and Torvald Helmer. Nora starts off as a happy homemaker, who is content with the role of wife and mother assigned to her by society. She meets her husband’s expectations as a clinging, helpless ‘doll-wife,’ and says, “Yes, Torvald, I cant get along a bit without your help” (Ibsen, Act I). She knows that this is the way to please him and keep his love. As Nora comes face to face with society’s laws, which she has not understood earlier, she changes. She finds it difficult to accept that her forgery is considered a crime and asks Krogstad, “is a daughter not to be allowed to spare her dying...
1 Pages(250 words)Assignment
Random house
... Random House Question One A Porter’s Five Forces analysis of the book publishing industry reveals that a profitable market with the potential to yield high returns attracts new firms. In acknowledgement of this fact, Random House acquired other printing houses in order to grow its operations and decrease new entrants’ profitability. The concept of the threat posed by substitute products is also manifested by the advent of e-books, where customers tend to switch to alternatives. Customers’ buying power is also seen in the book publishing industry when they are presented with more options in the form of e-books. On their part, publishers can exercise their bargaining powers by becoming the largest players in the industry through... market is...
2 Pages(500 words)Assignment
Dream house
...Building a Dream House Introduction Owning a house is always a dream for many people, having a dream houserequires a lot of input in terms of making enough savings for construction and purchase of that particular house, getting the best architectural design as well as a convenient location. All these factors play a big role in meeting the kind of house that one has dreamt about for a long time. Very many real estate investors have established different kinds of houses for people to purchase, however, finding the best house goes beyond paying for the most expensive one, the particular house has to be in tandem with the...
5 Pages(1250 words)Assignment
A Doll's House
...Teacher’s A Doll’s House The play “A Doll’s House” by Norweigan playwright Henrik Ibsen explores themes beneath its surface. Although this was written during the 1800’s, its themes continue to be significant at present. Throughout the entire play, two major themes are explored: gender roles in marriage and family, and performativity. The experiences of the female characters in the play express the fact that while men never permit their honor to be compromised, women always have to. An example is Mrs. Linde who decided to sacrifice her own happiness in order to financially support her family. Later on in the play, the audience also witnesses Nora leaving her children behind as a...
1 Pages(250 words)Assignment
Explain how the sea breeze and land breeze can happen
...SEA BREEZE AND LAND BREEZE goes here] [Your goes here] [Due the paper] How Does Sea Breeze Occur? Sea breeze refers to the wind that blows towards the land from the ocean. The sea breeze occurs because of the differential heating that occurs between the sea and the land (Holmes, 2007). The seasons in which the occurrence of sea breeze is on the high end are summer and spring seasons. During these seasons the difference between the temperatures of the sea and the land is very high. In the afternoon, this difference becomes even higher because at this part of the day the land absorbs the maximum temperature from the sun (Climate Education,...
2 Pages(500 words)Assignment
Opera house branding
...Lecturer BRANDING OPERA HOUSE New Jersey Princeton will be home to our opera house company. The company is looking forward to collaborating with the renowned royal opera house. The company will be one of its kinds around Princeton University with a hall capacity of one thousand seats in full capacity. In addition, better-equipped dining halls will be situated around the opera house for students. The company will be pivotal in the region. It is going to produce the 2020-2021 opera season. These seasons are short and will be easy for the company to produce them faster. This is aimed at attracting people mostly the student population of Princeton University. Opera...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Financial Assignment (Breeze House) for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us