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