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Outline ways of improving a company profits and liquidity without setting extra funds.

      

Outline ways of improving a company profits and liquidity without setting extra funds.

  

Answers


Winnie
Sweep accounts. This will allow you to earn interest on any excess cash balances by transferring the funds into an interest-bearing account

Overhead. Assess your overhead costs and see if there are opportunities to decrease them lowering overhead has a direct impact on profitability

Accounts received. Monitor accounts receivables effectively to ensure that you are billing your clients properly and that you're receiving prompt payments

Accounts payment. Negotiate longer payment terms with your vendor whenever possible to keep your money longer
Wincate 1 answered the question on October 17, 2017 at 05:30


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