ANyone do finance?
14-1. United Parcel Service (UPS) provides package delivery services throughout the United States and the world. Discuss the impact of seasonal variations in the delivery of business for forecasting the firm’s financing requirements.
14-2. Discuss the shortcomings of the percent of sales method of financial forecasting.
14-3. What would be the probable effect on a firms cash position of the following events?
A.rapidly rising sales
B.A delay in the payment of payables
C.A more liberal credit policy on sales (to the firm’s customers)
D.Holding larger inventories
14-4. A cash budget is usually thought of as a means of planning for future financing needs. Why would a cash budget also be important for a firms that has excess cash on hand?