Explore BrainMass

Explore BrainMass

    Current Assets in Cash Management Strategies

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Write a paper to review McDonald's most recent financial reports, such as management comments, and footnotes to financial statements, to explain how each current account has affected cash management strategies.

    © BrainMass Inc. brainmass.com June 3, 2020, 11:40 pm ad1c9bdddf
    https://brainmass.com/business/accounts-receivable-management/current-assets-cash-management-strategies-291115

    Solution Preview

    The response addresses the queries posted in 483 words with references.

    //The appropriate cash management has significant advantages. The cash management strategies get influenced because of the current accounts management. We will discuss about current account management of McDonalds and cash management policy.//

    McDonalds is a prominent company in fast food industry. In the consolidated balance sheet of 2008 of McDonalds, there are four current accounts. They are Cash and Cash equivalents, Accounts and Notes receivables, Inventories and Prepaid expenses. The balance of Cash Account and Accounts receivables are $2063.4 (Millions) and $ 931.2 (Millions). On the other side, the balance of Inventor account and prepaid expenses accounts are figured out as $111.5 (Millions) ...

    Solution Summary

    The response addresses the queries posted in 483 words with references.

    $2.19

    ADVERTISEMENT