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Image 2 is not part from image 1 they are two diffrent question. Al Amer Guitar Company is in business of manufacturing top quality steal
Image 2 is not part from image 1
Al Amer Guitar Company is in business of manufacturing top quality steal string folk guitars. In recent years the company has experienced working capital problems resulting from procurement of factory equipment, the unanticipated buildup of receivables and inventories, and the payoff of a balloon mortgage on a new manufacturing facility. The founder and president of the company , Fahad Al Amer, has attempted to raise cash from various financial institutions, but no avail because the company's poor performance in recent years. In particular, the company's lead bank, Riyadh Bank, is especially concerned about Al Amer's inability to maintain a positive cash position. The commercial loan officer from Riyadh bank, Mr Al Anazi, Khaild told him "I can't even consider your request for capital financing unless I see your company is able to generate positive cash flow from operations" Thanking about the banker's comment, Al Amer came up with what he believes is a good plan: with a more attractive statement of cash flows, the bank might be willing to provide long term financing. To "window dress" cash flows, the company can sell its account receivables to factors and liquidate its raw materials inventories. These rather costly transactions would generate lots of cash. As the chief accountant for the company, it is your job to tell Al Amer what you think of his plan. Instructions: a. What are the ethical issue related to Al Amer's idea? b. What would you tell him? Reading Assignment 1 Read the article "Technology policy for industrialization: An Korea's experience" by Kim and Dahlman (at least twice) and answer th Oncy for industrialization: An integrative framework and und Dahlman (at least twice) and answer the following questions: 1. Explain how industries in developing economies (not indu es in developing economies (not industrialized economies) go through the three stages of: emergence, consolidation, and maturity.. 2. List and briefly explain the technology policies used by S. Korea n the technology policies used by S. Korea to improve the supply side, demand side, and the links between the two. 3. How did S.Korea government stimulate demand for indigenous R&D activities during the consolidation stage? (List specific instruments used) they are two diffrent question.
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