Case 1: You are the Receivable Manager

You are analyzing your receivable for the period and you are concerned that the average collection period is lengthening. What specific actions can you take to reduce the average collection period?

Mention at least three actions.

Case 2: You are the Operations Manager

You are analyzing your inventory turnover report for the month and are concerned that the average days inventory outstanding is lengthening. What actions can you take to reduce average days inventory outstanding?

Mention at least three actions.

Case 3: You Are the Chief Financial Manager

Assume that you are the CFO of a company that has a larg investment in plant assets and it sells its products on credit. Identify steps you can take to increase your companys cash flow and, hence, your companys firm value.

Mention at least 4 steps