Essentials of Working Capital Management

ISBN-10: 047087998X

ISBN-13: 9780470879986

Edition: 2011

Authors: James Sagner
List price: $36.99 Buy it from $33.35
eBook available
30 day, 100% satisfaction guarantee

If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.

Learn more about our returns policy

Description: The focus of this book is on businesses can continue to be successful in these difficult times, specifically in relation to the limited credit available to businesses along with other short term funds. Written in the easy-to-follow Essentials Series style, it covers the main components of working capital: The efficient utilization of current assets and current liabilities of a firm throughout each phase of the busi-ness operating cycle. The planning, monitoring, and manage-ment of the company's collections, disbursements and bank account balances. The management of receivables, inventories and payables to minimize investment in idle resources. The gathering and management of information and forecast data to ef-fectively use available funds and identify risk.

New Starting from $33.35
eBooks Starting from $45.00
Buy eBooks
what's this?
Rush Rewards U
Members Receive:
coins
coins
You have reached 400 XP and carrot coins. That is the daily max!

Study Briefs

Limited time offer: Get the first one free! (?)

All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.

Add to cart
Study Briefs
Periodic Table Online content $4.95 $1.99
Add to cart
Study Briefs
SQL Online content $4.95 $1.99
Add to cart
Study Briefs
MS Excel® 2010 Online content $4.95 $1.99
Add to cart
Study Briefs
MS Word® 2010 Online content $4.95 $1.99

Customers also bought

Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading

Book details

List price: $36.99
Copyright year: 2011
Publisher: John Wiley & Sons, Limited
Publication date: 12/3/2010
Binding: Paperback
Pages: 272
Size: 6.00" wide x 9.25" long x 1.00" tall
Weight: 0.990
Language: English

The authors are Herbert Jacobs and James Sagner, PhD, both of whom reside and work in the New York City area and are principals of Bank Credit Training Partners. Sagner teaches MBA and executive education at the Universities of Bridgeport and North Carolina. He is also the Senior Manag¬ing Principal of Sagner/Marks, a treasury management consulting firm with offices in White Plains NY. Prior to forming Sagner/Marks in 1992, Sagner led the Consulting Services Division of the First National Bank of Chicago (now J.P. Morgan Chase). He has managed over 250 large-scale studies for companies and non-profit organizations worldwide. He is recognized as an expert in financial management and his clients have included leading insurance companies, securities firms, finance companies, banks, hospitals, manufacturing companies and service organizations. Most recently, he was the author of Essentials of Working Capital Management (Wiley, 2010). He has written six other books in finance and economics. He speaks regularly at professional conferences and has published some fifty papers.Jacobs is a consultant to the banking industry and an Adjunct Professor at New York University, teaching graduate courses in financial statement analysis, term lending and negotiating loan agreements. He was the General Manager of DEPFA Bank from 2000 - 2008. Previously he was Senior Analyst and Manager in Security Valuation Office of N.A.I.C. and a Senior Vice President of HSBC. During his tenure with these institutions, he served on various credit committees and ran credit training programs in the U.S. and Europe. He is a Member of the Board of Directors of College Loan Corporation.

Preface
Acknowledgments
Concepts in Working Capital Management
Working Capital Concepts
Ratio Analysis
Working Capital Ratios
Significance of Working Capital
Applying These Ideas to a Real Business
Summary
Cash-Transactions, Banking and Credit, and Financial Instruments
Comprehensive Case: Widget Manufacturing Case I
Cash: Management and Fraud Prevention
Forms of Cash
Lockboxing
Controlled Disbursement
Bank Products Used for Electronic Transactions
Summary
Cash, Credit, and Short-Term Financial Instruments
Developing a Short-Term Forecast
Preparing a Cash Budget
Credit Financing
Short-Term Investments
Summary
Concentration Banking and Financial Institution Relationships
Changing Financial Landscape
Bank Relationship Management
Concentration Banking
Request-for-Proposals
RFP Evaluation
Bank Relationship Reviews
Summary
Other Working Capital Accounts-Receivables, Inventory, and Payables
Comprehensive Case: Widget Manufacturing Case II
Accounts Receivable and Working Capital Issues
Elements of Receivables Management
Receivables Cycle Monitoring: Ratios
Receivables Cycle Monitoring: The Aging Schedule
Sales Financing
Credit Reporting
Terms of Sale
Invoice Generation
Asset-Based Financing: Receivables
Debt Collection Agencies
Summary
Inventory and Working Capital Issues
Elements of Inventory Management
Inventory Cycle Monitoring: Ratios
Inventory Cycle Monitoring: Metrics
Purchasing
EOQ and JIT
Work-in-Process
Asset-Based Financing: Inventory
Summary
Payables and Working Capital Issues
Elements of Payables Management
Payables Cycle Monitoring: Ratios
Accounts Payable Function
Payables Using Internal Processes
Payables Outsourcing
Payroll Alternatives
Summary
Issues in Working Capital Management
Comprehensive Case: Widget Manufacturing Case III
International Working Capital
Capitalism Goes Global
Elements of International Working Capital
Financing of International Transactions
Foreign Exchange Markets
Analysis of Country Risk
Other Significant Issues in International Working Capital
Cultural and Corporate Practices Affecting Working Capital
Summary
Information and Working Capital
Information Technology
Bank Information Technology
Internet Bank Technology
Enterprise Resource Planning: An Alternative Approach
Choosing Working Capital Information Systems
Summary
Managing the Working Capital Cycle
Risk and Working Capital
Enterprise Risk Management
Efficiency and Working Capital
Liquidity and Working Capital
Suggested Actions
Developments in Working Capital Management
The Cost of a Transaction
Summary
Suggested Solutions to Widget Manufacturing Company Case-Parts I, II, and III
Basic Financial Concepts
Web Sites of Working Capital Market Participants
Glossary
About the Author
Index
×
Free shipping on orders over $35*

*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.

Learn more about the TextbookRush Marketplace.

×