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True [87]
3 years ago
7

Jodi owns a business that designs and creates lingerie. In an effort to get her product into as many stores as possible, jodi ha

s been lenient on the terms of collection, allowing stores at least 30 days credit. As a result, it is taking her too long to collect payments and she has inadequate cash flow. What is the most likely cause of jodi's business difficulties?
Business
2 answers:
Delicious77 [7]3 years ago
6 0

Answer:

Poor working capital management

Explanation:

Working capital management is a business operation strategy that monitors the maintenance of sufficient balance between the current assets and liabilities so that the company does not run out of liquidity at any point in the course of operation.

Receivables and cash management are two major components of working capital.

When debtors delay in paying , this will definitely cause a strain on the liquidity of the company , most especially when the creditors are demanding for their own payment as well as other financial obligation arising.

Anna007 [38]3 years ago
3 0

Jodi is not adequately managing the financial aspects of her business.

By being too lenient with the days credit, she is effectively damaging her business' cash flow.

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Wear Ever is expanding and needs $6.8 million to help fund this growth. The company estimates it can sell new shares of stock fo
kakasveta [241]

Answer: 179,811 shares

Explanation:

Given that,

Price of each share = $43

Amount needed for expansion = $6.8 million

Cost incurred for  filing and legal fees = $352000

Underwriters have agreed to a spread of 7.5 percent

Now,

Net price after the underwriter spread = $43 × ( 1 - 7.5%)

= $39.775

Total capital needed = Fund needed for growth + Legal and filing fees

= $6,800,000 + $352,000

= $7,152,000

Number of shares sold = \frac{7152000}{39.775}

= 179,811 shares

5 0
3 years ago
Britney, a teenager, starts her own business of selling cupcakes to coffee shops and restaurants. she strives to increase either
Orlov [11]

What the case in the question describes in terms of what Britney’s pricing objective is called sales-orientation. Sales-orientation means that <u>the business approach is to make profit by focusing on persuading people to buy their products instead of understanding what the customer actually requires. </u>

The contrast to this approach is called <em>market orientation</em>, where the business seeks to understand what the customer wants and needs and believe that the answer to this would mean increased profits and revenue for the company.

4 0
3 years ago
________ are special incentives or excitement-building programs that encourage consumers to purchase a particular product, often
Ahat [919]

Answer: Sales promotion

Explanation: Sales promotion are special sales program used to draw customers to a particular product by applying price cuts for a particular period. Sales promotion are used simultaneously with adverts to pull customers to their product.

6 0
3 years ago
The regular selling price of a computer desk is $329.99. The markdown rate is 40%. What is the sale price? $197.99
krok68 [10]
A. $197.99

First you subtract 40% from 329.99

So,

329.99-40%=

40% of 329.99 is $131.99

329.99-131.99= 197.99
4 0
3 years ago
A company has large number of employees who have various roles and responsibilities. many times the company has encountered situ
Dennis_Churaev [7]

The answer to the question is the least privilege policy.

The least privilege policy refers to a concept in computer security where users in a computer network are limited in terms of their ability to access things in the network according to the level of access needed for them to do their job. Thus, a person who works in Finance for example, would have a higher level of access compared to someone who works in Operations.  

5 0
3 years ago
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