Discuss how management can control cash. Your discussion should include what tools management may use to control cash. Using the same company and annual fi

1.  

• Discuss how management can control cash. Your discussion should include what tools management may use to control cash.
• Using the same company and annual financial statements that you chose for your Week 1 (PEARSON PLC IF POSSIBLE) Reading and Using the Annual Report Case Study discussion forum, disclose the company’s cash balance, and discuss if you believe the company has too much or too little cash. Be sure to support your opinions with supporting facts from the financial statements.
• Discuss management’s responsibility to establish overall basic internal controls. Provide a real-life example from a work situation where you saw basic internal controls in place.

Your initial response should be a minimum of 200 words. one credible resource.

2. 

You may consider using the same company and annual report that you chose for your Week 1 (PEARSON PLC IF POSSIBLE) discussion forum, Reading and Using the Annual Report Case Study. This choice will work only if the company is using the straight-line depreciation method. The company’s choice of depreciation method can be located in the notes to the financial statement in the annual report. If the company does not use this method or does not have long-term assets, you will need to choose another company. Select a company that a fellow student has not already posted.

Using your selected company’s financial statement,

• Calculate the average life, average age, and asset turnover ratios. Be sure to show your calculations. Discuss what each ratio tells you in the context of your chosen company.
• Calculate the accounts receivable turnover ratio and convert that ratio into days. Be sure to show your calculations. Discuss what each ratio tells you in the context of your chosen company.

Your initial response should be a minimum of 200 words.