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28 Sep 2019
BluJay Aviation has allowed their clients to pay 30-60 daysafter services have been given. This too often causes their cashflow from operating activities to be negative, even though they areearning a profit. The economy has also made them nervous aboutcollecting since a few businesses that use their services,especially the realtors, may not stay in business. Choose twooptions they might try to improve their cash flow and also advisethem about the valuation of their accounts receivable.
BluJay Aviation has allowed their clients to pay 30-60 daysafter services have been given. This too often causes their cashflow from operating activities to be negative, even though they areearning a profit. The economy has also made them nervous aboutcollecting since a few businesses that use their services,especially the realtors, may not stay in business. Choose twooptions they might try to improve their cash flow and also advisethem about the valuation of their accounts receivable.
Beverley SmithLv2
28 Sep 2019