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_aFernandez, Rahnee Marie S. et.al.
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_aA Five year Financial Plan for Plastimer Industrial Corporation
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_cFernandez, Rahnee Marie S.; Garceron, Christine Joy G.; Garrido, Trisha Leen S.; Gonzales, Maria Liezel R.; Leonardo, Elisha Jean C.; Urao, Emil Nor T. and Viado, John Vergel A.
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_cMarch 2013.46
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_c28 cm.
_a112 pp.
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_atext
_2rdacontent
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_30
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_aunmediated
_2rdamedia
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_30
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_avolume
_2rdacarrier
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_aEXECUTIVE SUMMARY: Plastimer Industrial Corporation is a prime member of Industrial Services and Equipment Industry in the Philippines generally engaged in Plastic Manufacturing known to be affiliated with major companies. The company exhibits high net income, but manifests liquidity and solvency problems caused by their reliance on borrowing. This is due to insufficient quick assets, long inventory turnover period, inadequate receivable collection policy, negative working capital, and continuous deficit in equity. To help the company in solving its current problems, the proponents have come up with an alternative course of action that will also aid the company's objective attainment. First, the company entering into a mutual agreement with their creditor which involves the adjusting of the terms of the company's liabilities. This course of action will help the company to use the cash intended for such liabilities to other expenses and additional funds. Second, implementing of a thorough receivable collection policy by modifying the company's discount terms and instigating late payment charges that will suit the company's arrangement with clients.;Financial Plan (BA major in Finance and Treasury Management) - Pamantasan ng Lungsod ng Maynila,2013
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