MNE3701
Assignment 5 Semester 2 2024
Unique Number:
Due Date: 25 October 2024
Asset Management Strategy for "Fresh Eats Bistro"
Introduction
"Fresh Eats Bistro" is a small, health-conscious eatery located in the heart of Randburg. The
business aims to serve fresh, organic, and locally sourced meals to customers while
promoting sustainable living. The restaurant will be equipped with a dining area for 50
customers, a kitchen, a storage area for inventory, and administrative space. The primary
assets of "Fresh Eats Bistro" include cash, accounts receivable, inventory, and equipment
(such as kitchen appliances and furniture). Effectively managing these assets is critical to
DISCLAIMER & TERMS
ensuring the OF USE operation and profitability of the business. This discussion explores the
smooth
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2. Personal Responsibility:
capital budgeting. While every effort has been made to ensure the accuracy and reliability of the
information provided in these study notes, the seller cannot guarantee the completeness or correctness of all
the content. It is theWorking
1. Managing responsibility of the buyer to verify the accuracy of the information and use their own
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judgment when applying it to their assignments.
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policies and guidelines regarding plagiarism, citation, and referencing. These study notes should be used as a
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receivable, inspiration,
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while ensuring the business operates smoothly. This includes, but is not limited to, poor grades,
academic penalties, or any other negative outcomes resulting from the application or misuse of the information
provided.
The working capital cycle for the restaurant includes purchasing fresh ingredients
(inventory), converting them into meals (sales), collecting payment (cash), and then
reinvesting that cash into purchasing more inventory. To optimize the working capital cycle,
