Financial Management

  1. Working Capital Management
    1. Working Capital Fundamentals
      1. Working Capital Components
        1. Current Assets
          1. Current Liabilities
            1. Net Working Capital
            2. Working Capital Policy
              1. Conservative Policy
                1. Aggressive Policy
                  1. Moderate Policy
                  2. Operating Cycle
                    1. Cash Conversion Cycle
                      1. Components of Operating Cycle
                    2. Cash Management
                      1. Reasons for Holding Cash
                        1. Transaction Motive
                          1. Precautionary Motive
                            1. Speculative Motive
                              1. Compensating Balance Requirements
                              2. Cash Management Models
                                1. Baumol Model
                                  1. Miller-Orr Model
                                  2. Cash Budgeting
                                    1. Cash Budget Components
                                      1. Cash Flow Forecasting
                                        1. Seasonal Variations
                                        2. Cash Collection and Disbursement
                                          1. Accelerating Collections
                                            1. Lockbox Systems
                                              1. Electronic Funds Transfer
                                                1. Concentration Banking
                                                2. Controlling Disbursements
                                                  1. Zero Balance Accounts
                                                    1. Controlled Disbursement
                                                      1. Positive Pay Systems
                                                    2. Float Management
                                                      1. Collection Float
                                                        1. Disbursement Float
                                                          1. Net Float
                                                        2. Marketable Securities Management
                                                          1. Investment Objectives
                                                            1. Safety
                                                              1. Liquidity
                                                                1. Yield
                                                                2. Types of Marketable Securities
                                                                  1. Treasury Securities
                                                                    1. Federal Agency Securities
                                                                      1. Municipal Securities
                                                                        1. Corporate Securities
                                                                          1. Money Market Instruments
                                                                          2. Selection Criteria
                                                                            1. Credit Risk
                                                                              1. Interest Rate Risk
                                                                                1. Liquidity Risk
                                                                              2. Accounts Receivable Management
                                                                                1. Credit Policy Components
                                                                                  1. Credit Standards
                                                                                    1. Credit Terms
                                                                                      1. Collection Policy
                                                                                      2. Credit Analysis
                                                                                        1. Five Cs of Credit
                                                                                          1. Character
                                                                                            1. Capacity
                                                                                              1. Capital
                                                                                                1. Collateral
                                                                                                  1. Conditions
                                                                                                  2. Credit Scoring
                                                                                                    1. Financial Statement Analysis
                                                                                                    2. Credit Terms
                                                                                                      1. Credit Period
                                                                                                        1. Cash Discount
                                                                                                          1. Discount Period
                                                                                                          2. Collection Policy
                                                                                                            1. Collection Procedures
                                                                                                              1. Aging of Accounts
                                                                                                                1. Collection Costs
                                                                                                                2. Accounts Receivable Financing
                                                                                                                  1. Pledging Receivables
                                                                                                                    1. Factoring Receivables
                                                                                                                      1. Securitization
                                                                                                                    2. Inventory Management
                                                                                                                      1. Types of Inventory
                                                                                                                        1. Raw Materials
                                                                                                                          1. Work-in-Process
                                                                                                                            1. Finished Goods
                                                                                                                              1. Maintenance, Repair, and Operating Supplies
                                                                                                                              2. Inventory Costs
                                                                                                                                1. Ordering Costs
                                                                                                                                  1. Carrying Costs
                                                                                                                                    1. Stockout Costs
                                                                                                                                    2. Inventory Control Models
                                                                                                                                      1. Economic Order Quantity Model
                                                                                                                                        1. Basic EOQ Model
                                                                                                                                          1. EOQ with Quantity Discounts
                                                                                                                                            1. Production Run Model
                                                                                                                                            2. Just-in-Time Inventory
                                                                                                                                              1. Materials Requirement Planning
                                                                                                                                              2. Inventory Financing
                                                                                                                                                1. Blanket Liens
                                                                                                                                                  1. Trust Receipts
                                                                                                                                                    1. Warehouse Receipts
                                                                                                                                                      1. Field Warehousing
                                                                                                                                                    2. Short-Term Financing
                                                                                                                                                      1. Sources of Short-Term Financing
                                                                                                                                                        1. Trade Credit
                                                                                                                                                          1. Free Trade Credit
                                                                                                                                                            1. Costly Trade Credit
                                                                                                                                                            2. Bank Loans
                                                                                                                                                              1. Line of Credit
                                                                                                                                                                1. Revolving Credit Agreement
                                                                                                                                                                  1. Transaction Loans
                                                                                                                                                                  2. Commercial Paper
                                                                                                                                                                    1. Secured Short-Term Loans
                                                                                                                                                                      1. Accounts Receivable Financing
                                                                                                                                                                        1. Inventory Financing

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                                                                                                                                                                  10. Dividend Policy

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                                                                                                                                                                  12. Financial Planning and Forecasting