DiscussionThe Value of Budgeting in Short-Term Planning
Companies receive cash from their accounts receivable over an extended period of time. It is not uncommon for A/R collections to be spread out over 30 days. However companies must pay their expenses on a much shorter timetable. Employees need to be paid every two weeks and vendors need to be paid in a timely manner too. Cash must be managed in such a way that a company can meet its obligations. All of this must be taken into account for budgeting purposes.
For this assignment address the following questions:
ByWeek 5 Day 4post your response to the appropriateDiscussion Area. ThroughWeek 5 Day 7 review and provide substantive responses to at least two of your peers initial posts.
This is my last for my discussion post above it has all the instruction please