Finance Discussion - Consider cash-collection time

1. Consider cash-collection time. How can a firm minimize this time, and what are some of the costs? Do we worry about this as individuals as well? If so, how?
2. How do capital structure decisions relate to the control of a firm? In other words, would control issues impact your decisions as to how to raise money for your company?
3. How can sales be used to develop pro forma financial statements?

2-3 paragraphs