Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2004-03-16
Length: 8 pages
Data source: Field research
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Abstract
This is the Spanish version of ''9A97B009''. Big City Courier is a small regional courier company operating in Toronto, Ontario. The business was started two years ago, and has grown rapidly since its inception. The company is making profits, but has a severe cash flow problem. This case may be used to illustrate the statement of cash flows, the impact of rapid growth on a company''s cash position, and the financing gap between receivables and payables.
About
Abstract
This is the Spanish version of ''9A97B009''. Big City Courier is a small regional courier company operating in Toronto, Ontario. The business was started two years ago, and has grown rapidly since its inception. The company is making profits, but has a severe cash flow problem. This case may be used to illustrate the statement of cash flows, the impact of rapid growth on a company''s cash position, and the financing gap between receivables and payables.