Question
In: Accounting
You own a small business that produces high-quality cut flowers. While you have many customers your...
You own a small business that produces high-quality cut flowers. While you have many customers your largest buyer is Blooming Smart Ltd, a large retail outfit with a national chain of outlets that accounts for 50% of your orders on average. Blooming Smart Ltd has now requested that you extend credit terms to them better than what you offer to your other buyers.
A. How could this affect your operating cycle?
B. Do you see anything ethically wrong with what Blooming Smart is trying to do?
C. What would be your strategy(ies) in dealing with this?
Solutions
ekkarill92 answered 2 years agoRelated Solutions
You own a small business that produces high quality cut flowers. While you have many customers...
You own a small business that produces high quality cut flowers.
While you have many customers your largest buyer is Blooming Smart
Ltd, a large retail outfit with a national chain of outlets that
accounts for 50% of your orders on average. Blooming Smart Ltd has
now requested that you extend credit terms to them better than what
you offer to your other buyers.
How could this affect your operating cycle?
Do you see anything ethically wrong with what Blooming...
Hydropump, Inc. produces and sells high-quality pumps to business customers. Its marketing research shows a growing...
Hydropump, Inc. produces and sells high-quality pumps to
business customers. Its marketing research shows a growing market
for a similar type of pump aimed at final consumers-for use with
jacuzzi-style tubs in home remodeling jobs. Hydropump will have to
develop new channels of distribution to reach this target market
because most consumers rely on a retailer for advice about the
combination of tub, pump, heater, and related plumbing fixtures
they need. Hydropump's marketing manager. Robert Black, is trying
to decide...
Hydropump, Inc. produces and sells high-quality pumps to business customers. Its marketing research shows a growing...
Hydropump, Inc. produces and sells high-quality pumps to
business customers. Its marketing research shows a growing market
for a similar type of pump aimed at final consumers-for use with
jacuzzi-style tubs in home remodeling jobs. Hydropump will have to
develop new channels of distribution to reach this target market
because most consumers rely on a retailer for advice about the
combination of tub, pump, heater, and related plumbing fixtures
they need. Hydropump's marketing manager. Robert Black, is trying
to decide...
Have you ever thought of starting your own small business? Think of a good or service...
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of a good or service you might like to provide to your community.
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your good or service.
Assume that you are going to start a small business of your own. Describe the business...
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and,
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Fancy furniture LTD is a company that produces high-quality custom furniture for commercial and residential customers....
Fancy furniture LTD is a company that produces high-quality
custom furniture for commercial and residential customers. You have
been asked to calculated the WACC for this company and are given
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Fancy furniture ltd is a publicly listed company and it
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No matter what your business, to stay in business you have to attract and retain customers....
No matter what your business, to stay in business you have to
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