PolicyPre-sale strategies includeOffering cash discounts for early defrayal and /or imposing penalties for new-fashioned paymentAgreeing payment terms in advanceRequiring cash before deliverySetting commendation limitsSetting criteria for obtaining creditBilling as early as possibleRequiring deposits and /or progress paymentsPost-sale strategies includePlacing the righteousness for collect the debt upon the center that made the saleIdentifying long overdue proportionatenesss and enigmatical debts by regular analytical reviewsHaving an established procedure for tardily collections , such(prenominal) as- a reminder p - a letter- smokecellation of provided credit- telephone calls- exercising of a collection agency- legal action swell construction Analysis tale Page : 4Strategies in analogy to origin controlIn this NIKE Inc is having similar balance as one toilet promise from page 1 the difference between the current ratio and quick ratio is approximately same . This is due in the main to fund amounts .
There fore NIKE Inc need not revivify its instrument control procedures and practices , as it is mostly effective compared to the intentness Capital Structure Analysis Report Page : 5Strategies in relation to sources and uses of short term financingThe sources of short-term finance chiffonier be accounts payable , bank overdraft , short-term loan or it can from operational cash flows and Income from short term coronation activ ities which is in excess of bank balances to! meet current liabilities and expenses . It can to a fault come from effective working capital trouble where the go with can keep accounts receivable inventory to an optimal take aim because the investment in working capital come nearly is low and by managing the working capital effectively as mentioned above you can use these resources to invest in more productive use of capital as well get through unnecessary cost and there fore improve profitability of the company . That is the working capital...If you want to get a luxuriant essay, effect it on our website: OrderCustomPaper.com
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