Purchase Solution

Strategies to Accelerate Cash

Not what you're looking for?

Ask Custom Question

1. Electronic Payments
2. Offer Discounts
3. No Credit

Can you describe these strategies and also the potential costs involved with each action?

Purchase this Solution

Solution Summary

Your tutorial is 287 words and gives examples of the downfall of each method as well as how the method increases cash flows.

Solution Preview

1. Electronic Payments

Electronic payments offer a direct transfer from one bank account to another rather than having the customer issue a check which must travel through the mail and then be deposited before you have access to the funds. Electronic payments avoid the "float" of the time in transit and the posting/depositing/clearing time in the banking system.

E-payments can have a fee (but most are free) but there is a process that must be ...

Solution provided by:
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
Recent Feedback
  • "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
  • "Thank, this is more clear to me now."
  • "Awesome job! "
  • "ty"
  • "Great Analysis, thank you so much"
Purchase this Solution


Free BrainMass Quizzes
IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.