Mycon Evaluation

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Pre-written Papers:

Title: Mycon Evaluation

Essay Details:

Subject: Miscellaneous

Author: William A

Date: August 23, 2016

Level: University

Grade: B

Length: 5 / 1352

Essay text:

Mycon continues to provide service to customers in the 61-90 day range. The collection department is ineffective in managing accounts that are over the 60 day period. Overall the aged receivables are handled in an ineffective manner. There was also a problem that Mycon continue to allow the payables to be above the receivables this also meant that there was not enough money coming in to the company in an adequate manner. The following graphs will show the aged receivables for all three years and how they fluctuated and how they compare to revenue and payables. There will also be graphs that show how Mycon does not control the collection department in any stage while having the 61 days and above being the worse...

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