Question Two (25 marks) In the research titled "Cash Management of Public Company A Case Study of Hindalco Industries Ltd, Dr S.K.Khatik and Ms Akita Singh, examined the firm's liquidity with focus on payment/pay-out routines, liquidity management, short term financing and the connection between accounts receivable and payables. The study found that there was high fluctuation in total cash payment. Although the average cash growth indicates satisfactory position, but the payment of cash is much higher than the cash balance. Required Discuss the implications of the condition to the company. Suggest what the company can do to overcome the cash management problem. 1. 2