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Lecture Fundamentals of corporate finance - Chapter 19: Cash and liquidity management

Chia sẻ: Nguyet Nguyet | Ngày: | Loại File: PPT | Số trang:36

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This chapter is about how firms manage cash. The basic objective in cash management is to keep the investment in cash as low as possible while still keeping the firm operating efficiently and effectively. This goal usually reduces to the dictum “Collect early and pay late”. Accordingly, this chapter forcus discuss ways of accelerating collections and managing disbursements.

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