Saturday, 25 October 2008

Question 27

Mahendra is the credit manager in a Romith Ltd, a large company. His monthly report to the general management is divided into three sections

· debtor level

· cash

· overdues.

Question

1. What does each section mean and what information will Mahendra include in each section of his report? How will knowledge of these sections help the firm’s cash management? (30 marks)


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