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_e _e _aBagsic, Mark Ralph S. et. al. _d _b4 _u _c0 _q16 |
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_a _aA Five Year Financial Plan Creamline Dairy Corporation / _d _b _n _cBagsic, Mark Ralph S.; Canindo, Maria Eden L.; Espiritu, Ronel V.; Estrada, Sarah Jane V.; Guindo, Asliah T.; Hadjirazul, Asnihaya T.; Laquihon, Karen Claire B.; Leano, Jo-anne Pauline P. and Penalosa, Bernadette Marie P. _h6 _p |
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_3 _3 _a _d _b _cFebruary 2011.46 |
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_e _e _c28 cm. _a83 pp. _b |
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_3 _30 _b _aunmediated _2rdamedia |
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_a _aFinancial Plan (BSBA major in Finance and Treasury Management) - Pamantasan ng Lungsod ng Maynila. 2011. _d _b _c56 |
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_b _b _c _aCreamline Dairy Corporation is engaged in the manufacture and distribution of a range of high quality ice cream products in variety of flavors at affordable prices. Creamline products are distinctively creamier that their major competitors because of their carefully researched special formulation and production process. The company maintains, its prices at very competitive levels because of its efficient production process and a successful marketing strategy through effective distribution system. The company was incorporated in June, 2004 with its modern manufacturing facilities located in the Clark Special Economic Zone in Angeles, Pampanga. The company brought in brand new ice cream manufacturing equipment from Italy to ensure high quality products under a carefully supervised production process. Some of the raw materials, notably milk powder, are imported from very reputable suppliers in Europe and Australia. The company has succeeded in carving a market niche among Filipino consumers who want ice cream products with real creamy goodness and at prices affordable by everyone. However, the researchers have seen problems regarding their collection policy resulting to having a hard time to meet their obligations using its assets. Due to such deficiencies, the researcher proposed different strategies in order to settle the said problem. We recommend accelerating its collection of receivables, factoring it, and stretch their payables. The proposed action cannot be possible without considering its financial status in a world market. The researchers endeavour for the company to perform better in terms of managing its receivables and so to improve the liquidity position of the company and meet their obligations without affecting their credit stand in financing company. _u |
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