Answer to Question #31526 in Finance for Alex

Question

Q1
Judith runs a landscape gardening business and has come to you for financial advice. You find that she is reluctant to offer discounts for cash. Explain the reasons for and against offering discounts for cash and recommend some financial advice for Judith's business.

Q2 Recall the importance of the current (working capital) ratio. and clarify what a current ratio of 3.5.1(350 per cent) represents.

Answer 1

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