Assignment 1: Discussion QuestionThe management of current assets and current li

Assignment 1: Discussion QuestionThe management of current assets and current liabilities in the short run can lead to several challenges for the financial manager. What are some of the more common challenges or problems encountered by the firm in this regard and what are the possible solutions Explain your answers.BySunday November 11 2013 respond to the discussion question. Submit your response to the appropriateDiscussion Area.Assignment 2: Cash ManagementBy Monday November 12 2013 solve the following problem. Norma s Cat Food of Shell Knob ships cat food throughout the country. Norma has determined that through the establishment of local collection centers around the country she can speed up the collection of payments by two and one-half days. Furthermore the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. The bank has a remote disbursement center in Iowa.
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