DE FIN3702 examination.pr X le:///C:/Users/DHIREN/Desktop/FIN%203702/FIN3702%20examination.pdf 27. When managing accounts receivable, an effective strategy to employ without losing future sales is to ... offer a cash discount. tighten the credit standards. AWN - send the accounts to a collection agency. Make frequent personal visits to the customer. 28. A firm expects to have funds of R150 000 idle for 60 days. If the firm could purchase marketable securities yielding 10% and pay brokerage fees of R1 500, the firm ... (assume 365 days in a year). 1 . should leave the R150 000 in liquid cash. should invest the funds for more than 60 days due to the favourable rate. " earned exceeds brokerage fees. 29. The interest rate charged on secured short-term loans to a business is generally higher than that charged on unsecured short-term loans because it is costly to negotiate and administer secured loans. the risk of default is lower on secured loans AWN - lenders of secured loans must pay more for their funds. secured loans are less risky than unsecured loans. the financial manager, marketin ma respectively high; low; high low; high; low AWN - low, high; high high; low; low [TOTAL 30 MARKS] Fi 199 O 18 112 pause prt sc 10 delete ho X break sysra insert % & backspace 5 8 O R O P