Blujay aviation has allowed their clients to pay 30-60 days, Ask an Expert

Accounting

BluJay Aviation has allowed their clients to pay 30-60 days after services have been given. This causes their cash flow from operating activities to often be negative even though they are earning a profit. The economy has also made them nervous about collecting since a few businesses that use their services, especially the realtors, may not stay in business.

Discuss with your group the various options available to BluJay in this situation. Choose two options they might try to improve their cash flow and also advise them about the valuation of their accounts receivable.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9972647

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