Slide 119-0 Short-Term Financial Policy Size of investments in current assets Flexible (conservative) policy – maintain a high ratio of current assets to sales Restrictive…
Slide 1Financial Analysis, Planning and Forecasting Theory and Application By Alice C. Lee San Francisco State University John C. Lee J.P. Morgan Chase Cheng F. Lee Rutgers…
Slide 1 Chapter 15 Slide 2 Working Capital Management Slide 3 Chapter Objectives Managing current assets and current liabilities Appropriate level of working capital Estimating…