CHAPTER 12

Management of Working Capital: An International Perspective

CHAPTER OBJECTIVES

After studying this chapter, you should be able to:

  1. Highlight the importance of working capital.
  2. Discuss the issues involved in cash management in the international context.
  3. Understand the importance of international receivables management and the role of factoring.
  4. Explain the importance of inventory management in the international context.
  5. Discuss various methods of financing current assets.

Introduction

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

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