Lecture Fundamentals of financial management: Chapter 10 - Gregory A. Kuhlemeyer, Carroll College, Waukesha
Lecture Fundamentals of financial management: Chapter 10 - Gregory A. Kuhlemeyer, Carroll College, Waukesha
Chapter 10 - Accounts receivable and inventory management. This chapter will reveal the key variables involved in managing receivables effi- ciently, and it will show how these variables can be changed to obtain the optimal investment. We consider first the credit and collection policies of the firm as a whole, and then discuss credit and collection procedures for the individual account. The last part of the chapter investigates techniques for efficiently managing the final major current asset a