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Essay

Cash Management Paper

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Ruth Y

 

Date added:

March 23, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1469

 

Was viewed:

5173 times

 

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Essay content:

Businesses use several techniques to minimize the length of time funds are tied-up in order to reduce the amount of working capital needed for operations before applying any techniques it is necessary to understand the components of working capital that includes cash, marketable securities, accounts receivable, inventories, accounts payable and accrued wages and taxes...
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These decisions will necessarily involve the management of cash, inventories, credit policy and collection of accounts receivables, short-term borrowing and other financing opportunities such as trade credit, inventory financing, and long-term business decisions. Working capital management policies, target short-term concerns such as receivables financing, availability of raw material and inventories, continuous operation of the production line, granting credit to customers and collecting past-due accounts and management of cash accounts...
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