HEEEEEELLLPPP!!!!!! ADDITIONAL TASK for OPERATING CASH MANAGEMENT AND CREDIT CONTROL SYSTEM

System

:oops:

Hi there, kind souls who has bothered reading this email!

I had completely forgotten about this little thing and, needless to say, I don't have any notes/books anymore!

Since my college would charge me to get them again I was wandering if anyone could answer the following questions for me, I would appreciate it!

1. Name 2 methods used to predict or estimate future cash flows

2. Explain what the components of Time Series are and what Time series is.

3. What is Debt Insurance?

Many thanks, they did not tell me this 9 months ago, when I sat the paper, and now I really cannot remember anything! X

System

Re:HEEEEEELLLPPP!!!!!! ADDITIONAL TASK for OPERATING CASH MANAGEMENT AND CREDIT CONTROL SYSTEM

hi Pidina

Think I can help you on the time series analysis:

Time series is predominantly reviewing values over a period of time. These may be sales, costs, additional labourt required (labour cost). This form of analysis tends to be used in industries where there are cyclical events. e.g a company producing chocolate would expect to have sales all through the year, but come Easter and Christmas Mothers Day, these sales would be expected to increase significantly up to and over these events. Time series evens these peaks and troughs in order to see an easier view as to whether sales are steadily increasing for the periods / year or whether they are in fact falling.

This is done by working out centered averages. For example if you were reviewing figures for the year - you could average out quarterly sales values. These would then be plotted on a graph to show the general movement - this can then be reviewed further by pulling in the trend line.

Excel wizard does have a graph that can do this for you - but you need to work on the figures beforehand.

Hopefully I have explained this right - and it makes sense. If you need any further help -let me know.

The other items - can you view anything over the web?

Chris

System

Re:HEEEEEELLLPPP!!!!!! ADDITIONAL TASK for OPERATING CASH MANAGEMENT AND CREDIT CONTROL SYSTEM

Hi Chris,

thank you very much! It is very helpful!

I have tried the net for the others but with no luck, I am probably using the wrong "triggers", who knows!

In any case I am much obliged to you, bye!

System

Re:HEEEEEELLLPPP!!!!!! ADDITIONAL TASK for OPERATING CASH MANAGEMENT AND CREDIT CONTROL SYSTEM

no worries pidina,

i used to do the cash flows a long time ago - but can't remember at the mo :? .

Can someone help to clear the paperwork off my desk please?

System

Re:HEEEEEELLLPPP!!!!!! ADDITIONAL TASK for OPERATING CASH MANAGEMENT AND CREDIT CONTROL SYSTEM

Debt Insurance

Here is a quote from

http://www.eulerhermes.com/usa/en/products_services/products.html
Euler Hermes ACI provides domestic and export credit insurance for small, medium and large companies in all industries. Its business credit insurance policies (also called accounts receivable insurance) allow you to sell with confidence, giving valuable protection against the consequences of domestic or overseas customer insolvency and non-payment.

When you insure your accounts receivable with Euler Hermes ACI, you can:
- Avoid catastrophic bad-debt losses
- Achieve financial objectives more confidently
- Safely expand sales
- Secure better borrowing terms
- Reduce bad-debt reserves

Working with Euler Hermes ACI can also give you a competitive edge. Euler Hermes ACI clients have instant, secure access to their credit insurance policy through the Internet. This enables them to get quick coverage decisions that can help them grant credit and close a sale fast.


me again
It doesn't mention the premiums of course, but they are trying to sell debt insurance.

I hope it helps

sandy.hood@chichester.ac.uk