Sweep accounts. This will allow you to earn interest on any excess cash balances by transferring the funds into an interest-bearing account
Overhead. Assess your overhead costs and see if there are opportunities to decrease them lowering overhead has a direct impact on profitability
Accounts received. Monitor accounts receivables effectively to ensure that you are billing your clients properly and that you're receiving prompt payments
Accounts payment. Negotiate longer payment terms with your vendor whenever possible to keep your money longer
Wincate 1 answered the question on October 17, 2017 at 05:30
-
What is a flexible budget?
(Solved)
What is a flexible budget?
Date posted:
October 17, 2017
.
Answers (1)
-
State the assumptions of cost, volume and profit analysis.
(Solved)
State the assumptions of cost, volume and profit analysis.
Date posted:
October 17, 2017
.
Answers (1)
-
Discuss how organisations in Kenya react to competition and technological advances by giving suitable examples.
(Solved)
Discuss how organisations in Kenya react to competition and technological advances by giving suitable examples.
Date posted:
October 13, 2017
.
Answers (1)
-
What should be considered when accounting for a partnership dissolution?
(Solved)
What should be considered when accounting for a partnership dissolution?
Date posted:
October 12, 2017
.
Answers (1)
-
State the advantages of departmental accounting.
(Solved)
State the advantages of departmental accounting.
Date posted:
October 12, 2017
.
Answers (1)
-
Give the objectives of departmental accounting.
(Solved)
Give the objectives of departmental accounting.
Date posted:
October 12, 2017
.
Answers (1)
-
Define the term 'incomplete records'.
(Solved)
Define the term 'incomplete records'.
Date posted:
October 12, 2017
.
Answers (1)
-
Highlight the factors to consider when designing a capital reduction scheme.
(Solved)
Highlight the factors to consider when designing a capital reduction scheme.
Date posted:
October 12, 2017
.
Answers (1)
-
Highlight the circumstances under which capital reduction can occur in a company.
(Solved)
Highlight the circumstances under which capital reduction can occur in a company.
Date posted:
October 12, 2017
.
Answers (1)
-
What is meant by the term called up share capital?
(Solved)
What is meant by the term called up share capital?
Date posted:
October 12, 2017
.
Answers (1)
-
Differentiate between preference shares and ordinary shares.
(Solved)
Differentiate between preference shares and ordinary shares.
Date posted:
October 12, 2017
.
Answers (1)
-
Define the term shares.
(Solved)
Define the term shares.
Date posted:
October 12, 2017
.
Answers (1)
-
Outline the procedure of stores verification.
(Solved)
Outline the procedure of stores verification.
Date posted:
October 12, 2017
.
Answers (1)
-
What is the purpose of physical verification of stores.
(Solved)
What is the purpose of physical verification of stores.
Date posted:
October 12, 2017
.
Answers (1)
-
State the main functions of storekeeping.
(Solved)
State the main functions of store keeping.
Date posted:
October 12, 2017
.
Answers (1)
-
Define the term storekeeping.
(Solved)
Define the term storekeeping.
Date posted:
October 12, 2017
.
Answers (1)
-
Explain how material management helps an enterprise in reducing cost of production and distribution and also attaining its objectives.
(Solved)
Explain how material management helps an enterprise in reducing cost of production and distribution and also attaining its objectives.
Date posted:
October 12, 2017
.
Answers (1)
-
What are the functions of material management ?
(Solved)
What are the functions of material management.
Date posted:
October 12, 2017
.
Answers (1)
-
Limor is an investor and wishes to invest in machinery, discuss the following methods of investment appraisal to advise Limor and giving advantages of each(Clearly outline the source document)
(Solved)
Limor is an investor and wishes to invest in machinery,Discuss the following methods of investment appraisal to advise Limor and giving advantages of each(Clearly outline the source document)
a.NPV(Net present value)
b.Pay back period(Pay back period)
c.ARR(Accounting rate of return)
d.IRR(Internal rate of return)
Date posted:
October 7, 2017
.
Answers (1)
-
Give functions of office practice
(Solved)
Functions of office practice
Date posted:
October 3, 2017
.
Answers (2)