Jayne Luke Started a Computer Business in Her Basement Less

question 2

Essay

Jayne Luke started a computer business in her basement less than a year ago.Her personal attention to clients and persistence in obtaining new customers has caused the business to grow at a tremendous pace.Jayne has become so busy she has neglected to keep after clients who have failed to pay her.As a result,Jayne has a large amount of accounts receivable and notes receivable on her balance sheet but not much cash.She continues to service clients,but she now realizes that her cash will soon be exhausted.Suggest some options Jayne has to achieve a strong cash balance.

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Definitions:

Trade Flows

The movement of goods and services across borders, reflecting the export and import activities between countries.

Importers And Exporters

Entities engaged in the business of buying goods from foreign countries for local resale (importers) and selling domestic goods to foreign countries (exporters).

Absolute Advantage

a condition in which a country, individual, or firm can produce more of a good or service with the same amount of resources than others can.

Resources

Inputs used in the production of goods and services, including labor, capital, and natural resources.