第9周讲座:营运资金管理要素与控制政策.pptxVIP

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第9周讲座:营运资金管理要素与控制政策.pptx

MSING018AccountingWeek9:Lecture9WorkingCapitalManagement

BytheendofthisTopicareayouwillbeintroducedto:Themainelementsofworkingcapital.Thepurposeofworkingcapitalandthenatureoftheworkingcapitalcycle.Theimportanceofestablishingpoliciesforthecontrolofworkingcapital.Thefactorsthathavetobetakenintoaccountwhenmanagingeachelementofworkingcapital.2

3Theworkingcapitalcycle

ina

manufacturing

businessCashisusedtopaytradecreditorsforrawmaterials,orrawmaterialsareboughtforimmediatecashsettlement;cashisspentonlabourandot

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