Answer the following in no more than 4 paragraphs, to include in-text citations.
Consider cash-collection time. How can a firm minimize this time, and what are some of the costs? Do we worry about this as individuals as well? If so, how?
- How do capital structure decisions relate to the control of a firm? In other words, would control issues impact your decisions as to how to raise money for your company?
- How can sales be used to develop pro forma financial statements?
