CashManagement幻灯片.pptVIP

Corporate Finance  Ross ? Westerfield ? Jaffe;Chapter Outline;28.1 Reasons for Holding Cash;28.2 Determining the Target Cash Balance;Costs of Holding Cash;The Baumol Model;The Baumol Model;The Baumol Model;The Baumol Model;The Miller-Orr Model;Float;28.3 Managing the Collection and Disbursement of Cash;Accelerating Collections;Overview of Lockbox Processing;Delaying Disbursements;Drafts;Ethical and Legal Questions;28.4 Investing Idle Cash;Seasonal Cash Demands;28.5 Summary Conclusions;28.5 Summary Conclusions;28.5 Summary Conclusions;Corporate Finance  Ross ? Westerfield ? Jaffe;Chapter Outline;Introduction;The Cash Flows of Granting Credit;29.1 Terms of the Sale;Credit Period;Cash Discounts;The Interest Rate Implicit in 3/10 net 30;0;Credit Instruments;29.2 The Decision to Grant Credit: Risk and Information ;29.2 The Decision to Grant Credit: Risk and Information ;Example of the Decision to Grant Credit;Example of the Decision to Grant Credit;Example of the Decision to Grant Credit;The Value of New Information about Credit Risk;Future Sales and the Credit Decision;29.3 Optimal Credit Policy;29.3 Optimal Credit Policy;29.4 Credit Analysis;29.5 Collection Policy;Average Collection Period;Accounts Receivable Aging Schedule;Collection Effort