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Nike - Michael Jordan Brand You are the Business Controller of Nike's Michael Jordan product line, and the CFO has requested you develop a strategy
Nike - Michael Jordan Brand You are the Business Controller of Nike's Michael Jordan product line, and the CFO has requested you develop a strategy to optimize the health of your accounts receivable portfolio, specifically, driving higher collections across the more current invoices (see current \& 1-30 days past due line items in aging) and reducing receivables aged over 90 days to a nominal percentage of outstanding A/R (less than 5% ). Using the data below, provide crisp bullets that outlines your strategy to improve. Your recommendation should be quantitatively based and can consider options that may also optimize collections through sales / revenue incentives. AR aging Other data Intentionally left blank, proceed to the next page Nike - Michael Jordan Brand You are the Business Controller of Nike's Michael Jordan product line, and the CFO has requested you develop a strategy to optimize the health of your accounts receivable portfolio, specifically, driving higher collections across the more current invoices (see current \& 1-30 days past due line items in aging) and reducing receivables aged over 90 days to a nominal percentage of outstanding A/R (less than 5% ). Using the data below, provide crisp bullets that outlines your strategy to improve. Your recommendation should be quantitatively based and can consider options that may also optimize collections through sales / revenue incentives. AR aging Other data Intentionally left blank, proceed to the next page
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