August 2011
Beginner
547 pages
16h 12m
English
Content preview from Fundamentals of Financial Management, Third EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Part III
Working Capital Management
Selection of a project and investment in fixed assets is not enough. A firm has to make investment in current assets so as to facilitate actual operation. The management of current assets and their financing form the subject-matter of this part of the book. To be precise, it incorporates the discussion on:
- Working capital policy;
- Management of cash and near-cash assets;
- Management of accounts receivable;
- Inventory management;
- Sources of short-term finance.
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