An assessment of cash flow management :A case of Premier Tobacco Auction Floors

ABSTRACT

Premier Tobacco Auction Floors is a newly established company in the Zimbabwean Tobacco Industry. The industry has high revenue generation because agriculture generally plays a big role in Zimbabwean economy. The Tobacco is sold between February and August and it is during this time that the company makes the bulk of its proceeds in a year .The company faces problems in handling and distributing this vast amount of cash and sometimes there is mismanagement of cash. By the time the tobacco selling season ends , the liabilities will be too unbearable for the low turnover offseason period .This mismanagement has resulted in high creditors figures ,loss of customers and necessary losses in lawsuits.

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APA

C, M (2021). An assessment of cash flow management :A case of Premier Tobacco Auction Floors. Afribary. Retrieved from https://afribary.com/works/an-assessment-of-cash-flow-management-a-case-of-premier-tobacco-auction-floors

MLA 8th

C, MUKANDI "An assessment of cash flow management :A case of Premier Tobacco Auction Floors" Afribary. Afribary, 04 May. 2021, https://afribary.com/works/an-assessment-of-cash-flow-management-a-case-of-premier-tobacco-auction-floors. Accessed 27 Apr. 2024.

MLA7

C, MUKANDI . "An assessment of cash flow management :A case of Premier Tobacco Auction Floors". Afribary, Afribary, 04 May. 2021. Web. 27 Apr. 2024. < https://afribary.com/works/an-assessment-of-cash-flow-management-a-case-of-premier-tobacco-auction-floors >.

Chicago

C, MUKANDI . "An assessment of cash flow management :A case of Premier Tobacco Auction Floors" Afribary (2021). Accessed April 27, 2024. https://afribary.com/works/an-assessment-of-cash-flow-management-a-case-of-premier-tobacco-auction-floors