After three months of being appointed as Vice President of Finance in the Al Hajiry Group of Companies, Mr. Ahmed discov

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answerhappygod
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After three months of being appointed as Vice President of Finance in the Al Hajiry Group of Companies, Mr. Ahmed discov

Post by answerhappygod »

After three months of being appointed as Vice President of
Finance in the Al Hajiry Group of Companies, Mr. Ahmed discovered
many financial challenges faced by the treasurer and controller
reporting to him. He called them for a meeting and found the
following issues.:
1. There isn't enough cash in the business to run the day-to-day
operations.
2. Almost all business clients pay late regularly.
3. It's time for the company to raise short-term capital, but
it's unclear which funding option to choose for that purpose.
4. It also needs to raise long-term capital, but it is unsure
which option is best.
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