Corporate Finance

  1. Short-Term Financial Management
    1. Introduction to Working Capital
      1. Definition and Components
        1. Net Working Capital
          1. The Cash Conversion Cycle
            1. Inventory Period
              1. Receivables Period
                1. Payables Period
                  1. Cash Cycle
                  2. Working Capital Policies
                    1. Conservative Policy
                      1. Aggressive Policy
                        1. Moderate Policy
                        2. Working Capital Investment and Financing
                        3. Cash Management
                          1. Reasons for Holding Cash
                            1. Transaction Motive
                              1. Precautionary Motive
                                1. Speculative Motive
                                  1. Compensating Balance Requirements
                                  2. Determining the Target Cash Balance
                                    1. The Baumol Model
                                      1. The Miller-Orr Model
                                      2. Float and Cash Collection
                                        1. Types of Float
                                          1. Mail Float
                                            1. Processing Float
                                              1. Clearing Float
                                              2. Accelerating Cash Collections
                                                1. Lockbox Systems
                                                  1. Concentration Banking
                                                    1. Electronic Funds Transfer
                                                    2. Slowing Cash Disbursements
                                                      1. Zero Balance Accounts
                                                        1. Controlled Disbursement Accounts
                                                      2. Investing Idle Cash
                                                        1. Money Market Securities
                                                          1. Characteristics of Short-Term Investments
                                                        2. Credit and Inventory Management
                                                          1. Credit Policy
                                                            1. Terms of Sale
                                                              1. Credit Period
                                                                1. Cash Discount
                                                                  1. Credit Instrument
                                                                  2. Credit Analysis
                                                                    1. Information Sources
                                                                      1. Credit Scoring
                                                                        1. Five Cs of Credit
                                                                        2. Collection Policy
                                                                          1. Monitoring Receivables
                                                                            1. Collection Procedures
                                                                          2. Accounts Receivable Management
                                                                            1. Aging Schedule
                                                                              1. Average Collection Period
                                                                              2. Inventory Management
                                                                                1. Types of Inventory
                                                                                  1. Raw Materials
                                                                                    1. Work-in-Process
                                                                                      1. Finished Goods
                                                                                      2. Inventory Costs
                                                                                        1. Carrying Costs
                                                                                          1. Shortage Costs
                                                                                            1. Order Costs
                                                                                            2. Inventory Management Techniques
                                                                                              1. Economic Order Quantity
                                                                                                1. Just-in-Time
                                                                                                  1. ABC Analysis
                                                                                                    1. Materials Requirement Planning
                                                                                                2. Short-Term Financing
                                                                                                  1. Sources of Short-Term Financing
                                                                                                    1. Trade Credit
                                                                                                      1. Bank Loans
                                                                                                        1. Commercial Paper
                                                                                                          1. Secured Loans
                                                                                                          2. Cost of Short-Term Financing

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                                                                                                        8. Payout Policy

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                                                                                                        10. Advanced Topics in Corporate Finance