TY  - BOOK
AU  - Gallentes, Coney B.
AU  - 
ED  - 
ED  - 
ED  - 
ED  - 
SN  - 2
PY  - 2015///.46
CY  - 
PB  - 
KW  - 
KW  - 2
KW  - 0
KW  - 6
KW  - 20
N1  - Financial Plan: (BSBA major in Finance and Treasury Management) -  Pamantasan ng Lungsod ng Maynila, 2015; 5
N2  - EXECUTIVE SUMMARY:  	This five year financial plan provides an analysis and evaluation of the liabilities, liquidity, expenses, solvency, and profitability of the company Smart Communications, Inc. Its significant aim is to lessen the entity's high risk on bankruptcy. Smart Communications, Inc. is a telecommunication company; it is the leading wireless service provider in our country. This company is a subsidiary of the Philippine Long Distance Company. The general problem of the study is the high financial leverage of the company. In particular, this report draws its attention to the fact that the company has a negative working capital. Furthermore, a large percentage of the entity's total assets goes to liabilities leaving a low percentage to equity. Additionally, the current assets of the company makes it inadequate to pay its maturity obligations. Based from the thorough analysis of the data gathered and financial statements of the Smart Communications Inc., the researchers chose the Alternative Course of Action number I, Commercial Paper with Factoring and Implementation of New Credit and Collection Policy as a solution to the company's current situation. Due to the large amount of obligations of the company, the proponents chose the issuance of commercial paper for its short range of maturities which would enable the entity to use cash on its operation and settle its obligations on short -term debts. In addition, factoring would improve cash flow and liquidity. The proponents chose the Administration and debt collection type of factoring arrangement  for the entity. Moreover, through the new credit and collection policy which includes changing credit terms to 30-60 days, and having delinquency charge to late payments, customers would be fervent  to pay on time. Likewise, the researchers found that issuance of commercial paper, factoring and implementation of new credit and collection policy would therefore result in deceased liabilities, improved liquidity and increased equity for the entity
ER  -