公司理财教学资料.pptVIP

Chapter18-20 Workingcapitalmanagement2026/5/15

MaintopicsSomeAspectsofShort-TermFinancialPolicyCashBudgetandliquiditymanagementCreditpolicyandaccountsreceivablemanagementInventorymanagementShort-TermBorrowing18-22026/5/15

Short-TermFinancialPolicySizeofinvestmentsincurrentassetsFlexible(conservative)policy–maintainahighratioofcurrentassetstosalesRestrictive(aggressive)policy–maintainalowratioofcurrentassetstosalesCompromisepolicy-maintainatradeoffratioofcurrentassetstosales18-32026/5/15

Carryingvs.ShortageCostsManagingshort-term