Discussion 1: "Accounts Receivable Management"
Please respond to the following:
Examine the five steps to managing accounts receivable. Speculate on the step that is most vulnerable to fraud. Suggest at least two actions that a company can take in order to protect this step from fraud.
Imagine that your company has tasked you with developing a plan for factoring accounts receivables. Create one scenario that demonstrates the key benefits and / or detriments to your company from factoring accounts receivable.
Discussion 2: "Plant Assets"
Please respond to the following:
Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive management team has tasked you with making a recommendation about whether the company should buy or lease airplanes. Analyze the major pros and cons for leasing and buying assets. Based on your analysis, provide a recommendation to the executive team.
Compare and contrast the three methods for depreciating plant assets. Recommend the method that maximizes profits for both a shorter period of time and a longer period of time.