The Artisan Shutter Company which makes custom shutters for high end residential and commercial buildings is seeing loss in cash flow due to declining economic conditions of the housing market. Half of the company’s customers started making late payments, this was seen in reduced cash flows. The cash flows were not sufficient to support the current operations and resulted in the company needing to lay off 15% of its employees (Garrison, Noreen, & Brewer, 2015, p. 640). From the mid-1990s through 2005 home prices surged making residential real estate a great investment and Wall Street firms took notice and investors started to invest in mortgage backed securities (Tanneeru, 2009). This was good as long as everyone was paying their mortgage, "[But] we didn't take into account with these mortgages that people might lose their jobs, the interest rate might go up and the housing prices may go down. Guess what? All three happened." (Tanneeru, 2009) As the referenced article above states it was a perfect storm. Housing prices peaked in the second quarter of 2007, and started to steadily decline (U.S. Federal Housing Finance Agency, 2017). Unemployment also started to increase finishing 2006 at 4.4 and the following year in December at 5.0 (Bureau of Labor Statisics, 20017). These conditions also had an impact on the availability of credit, because banks became stricter on loans and lines of credit. Business started to delay payments to their suppliers making it difficult for Artisan Shutter Company to collect cash from its customers, which is a cash inflow. The smaller suppliers such as Artisan Shutter Company were the ones to first have payments delayed. “Small businesses are hugely dependent on their cash flow, so they must either cut costs or scramble to find alternative funding if they aren't being paid on time. With money tight and bank loans hard to get, a cash-strapped company can easily be pushed to the brink.” (Spors & Covel , 2008) Artisan Shutter Company tried to weather the storm of decreased money supply by cutting employment by 15% (Garrison, Noreen, & Brewer, 2015). But, reducing staff is only one method to ease their current position. A more aggressive approach to collecting on outstanding invoices and making customers pay upfront could also create cash inflows much needed. They could also review the impact of delaying payments owed to suppliers to free cash flows up. Amazon stretched the numbers of days it took to pay suppliers from 63 to 72 and while sales increased by 28% its accounts payable nearly doubled causing a 116% increase in free cash flow. (Garrison, Noreen, & Brewer, 2015, p. 653)Works CitedBureau of Labor Statisics. (20017, April 5). Labor Force Statistics from the Current Population Survey. Retrieved from Databases, Tables & Calculators by Subject: https://data.bls.gov/pdq/SurveyOutputServletGarrison, D. R., Noreen, P. C., & Brewer, P. C. (2015). Managerial Accounting, 15th e.d. New York: McGraw Hill.Spors, K. K., & Covel , S. (2008, Oct 31). Slow Payments Squeeze Small-Business Owners. Retrieved from The Wall Street Journal: https://www.wsj.com/articles/SB122540968964686203Tanneeru, M. (2009, Jan 29). How a 'perfect storm' led to the economic crisis. Retrieved from CNN: http://www.cnn.com/2009/US/01/29/economic.crisis.e...U.S. Federal Housing Finance Agency. (2017, April 5). All-Transactions House Price Index for the United States [USSTHPI]. Retrieved from Federal Reserve Bank of St. Louis: https://fred.stlouisfed.org/series/USSTHPIPLEASE RESPOND TO THIS, I HAVE TO COMPLETE A PEER REVIEW ON THE ABOVE. a) Point out what you perceived to be the strengths of the initial posting along with supporting rationale.b) Identify specific opportunities for improvement with regard to the content in the initial posting. Furthermore, you should provide supporting rationale for your stated position, as well as concrete suggestions and guidance intended to strengthen the effectiveness of the content.For this response, should outside sources be used to support the content within the postings, proper in-text citations and correctly formatted references should be prepared consistent with the APA (6th edition). The list of references should be physically positioned at the end of the postings.THANKS,

Your Nursing DestinyPurposeThis week's graded topic relates to the following Course Outcome (CO).CO5: Develops a plan for continued personal and professional development through enrollment in graduate education, continuing education programs, certification attainment, professional reading and participation in professional organizations' and service to the community. (PO#5)Now that each one of you is very close to completing this major accomplishment in your nursing career, please share your professional development plans to keep up to date in your chosen specialty and nursing in general.In what professional nursing organizations do you currently participate? What organizations might you think about participating in for the future . ( None for now, I live in FL so you could mention Fl nurses association, or hospice, palliative care etc)What nursing certifications are you considering? (I currently work in a Medical - Surgical unit and I am considering to get the Medical -Surgical certification , and also the Gerontological Nursing Certifications, so you could use that)How might consideration of continuing your education to pursue a graduate degree fit into your future plans? ( I am considering to continue my nursing career by getting a Master's degree )