Receivables. In the employee benefits case, no copying dont plagiarize On the 1st of March 2019, Reese Corporation bought $400,000 worth of credit stock under conditions requiring a payment but allowing white to receive a 1 percent discount. Thirty days after the products were bought Reese always adopted the method of payment. A new Reese staff member said he never missed his cash discounts before and questions if this was a reasonable policy. He said it wasn't so. However, Reese would have to lease the cash required for an additional 10 days if it paid the invoice 10 days early. Reese's local bank borrowing conditions are 14% (annual rate) and 15% compensation balance (the bank's obligation to keep an amount in the account of Reese equal to 15% of the loan) during the loan duration. Most Reese staff members believed that a 14% loan with a compensation balance of 15% made little sense, so they could save percentage on 400,000 dollars by paying out their own account before the intended one. 1. Explain if it would be to Reese's benefit to accept the required 1% reduction in advance for simple, effective yearly interest costs. 2. We have also noted that Reese should wait for the whole of 60 days to pay the complete amount rather than pay the whole amount within 30 days if it does not enjoy the benefits of the cash discount. Should Reese undertake this policy, explain how your Requirement 1 response would alter. 3. Your response to Requirement 2 shows that it is either more desirable or less desirable for the loan to benefit from the 1% cash discount as a result of Requirement 1. a. Explain why you thought it would be more desirable. b. Explain why it was a less desirable thing for you to say. In commercial craft networks, Browning Arts Crafts is experiencing considerable competition. In several of Browning Arts Crafts' markets, Macias Creation, the company's new cheap shop network, is launching shops. Due to the exceptional customer care given by properly qualified and well-paying shop workers who are specialists in craft, Browning Arts Crafts was a market leader in craft supplies. Over time, clients have been able to get guidance and suggestions from brilliant employees of the organization and consumers are loyal to dedicated employees. However, with acquiring the experienced personnel from Browning Arts Crafts the new bargain business attracts clients. The addition of competent personnel at Macias Creation to the cheaper rates rapidly removes businesses from Browning Arts Crafts and concerns company leaders. For the incoming Director of Human Resources Alexander Irish, abrupt attrition of staff at Browning Arts Crafts is a high concern. The company's first assessment reveals that its benefit services must be examined. Browning Arts Crafts has done well at employing and training employees; the giving of business advantages to complement competitive employees has still received little notice. The Company pays its workers above the average market earnings, but in answer to cost considerations it has gradually modified its provision of perks. The contribution from employees to health premiums has grown over the previous five years, with the corporation reducing its commitment to the employee pension plan. Whilst this modification contributed to the control of the company's benefits, the alterations led to staff discontent. By providing a robust benefit package to entice employees, Macias Creation has seized on Browning Arts Crafts' employee unhappiness. In return for perks that better suit their requirements, the disgruntled workers who switch to Macias Creation have accepted slight decreases in compensation. Many employees, for example, are older. Specifically, they are more concerned about pension benefits since they know that retirement is quite a long way away. The determination of sort of rewards that would be desirable to these employees was part of Macias Creation' strategic planning process to increase its market share. Macias Creation thus offers a retirement plan which gives more than Browning Arts Crafts gives the organization. With so many Browning Arts Crafts employees successfully recruited, it appears that the planning of Macias Creation is efficient. Alexander Irish realizes that certain modifications must be made to the company's benefit package. But she also realizes that in the face of this difficulty, it is crucial not to take hasty judgments. To start planning necessary to establish the right improvements to the benefit plan of Browning Arts Crafts, Alexander Irish must start gathering information. In what way is Alexander Irish project management strategy for manufacturers? Is it a good approach