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International Financial Management by Thummuluri Siddaiah

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Chapter 11

Management of Working Capital: An International Perspective

LEARNING OBJECTIVES

After studying this chapter, you should be able to:

  • Highlight the importance of working capital.

  • Discuss the issues involved in cash management in the international context.

  • Understand the importance of international receivables management and the role of factoring.

  • Focus on the importance of inventory management in the international context.

  • Discuss various methods of financing current assets.

11.1 Introduction

The management of working capital involves the management of various current assets and liabilities of a firm individually as well as in combination with each other. As the current assets and liabilities of a firm are affected by factors such ...

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