公司理财Chapter_19.pptVIP

19 Short-Term Finance and Planning Key Concepts and Skills Understand the components of the cash cycle and why it is important Understand the pros and cons of the various short-term financing policies Be able to prepare a cash budget Understand the various options for short-term financing Chapter Outline Tracing Cash and Net Working Capital The Operating Cycle and the Cash Cycle Some Aspects of Short-Term Financial Policy The Cash Budget Short-Term Borrowing A Short-Term Financial Plan Sources and Uses of Cash Balance sheet identity (rearranged) NWC + fixed assets = long-term debt + equity NWC