WORKING CAPITAL MANAGEMENT: STRATEGIES AND TECHNIQUES Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
Working capital is commonly understood as the fund needed to meet the day-to-day expenses of an enterprise. A finance manager finds that the funds for meeting these expenses get blocked in current assets. He therefore, looks for liquidity support in net working capital (NWC), which is equivalent to the excess of current assets over current liabilities. A banker also looks at the size of NWC as the long-term stake of the business in funding the current assets. But for a production manager, liquidity is synonymous to uninterrupted supply of material inputs to the production lines. Similarly for a marketing manager, if there is no production, his marketing outlets dry up despite demand in the market. While the finance manager discourages overstocking of inventory, the production manager and the marketing manager dread of being out of stock. In this conflict the goal of the organization often takes a back seat. This book aims at resolving these conflicts by adopting a techno-financial approach to working capital management. In the Third Edition a full chapter on Service Business: Risk Analysis and Working Capital Assessment has been incorporated, which is devoted to understand the nature of service business and the risks associated with it. It is followed by developing a model for assessment of working capital requirement of a service enterprise. Besides, the book is revised and updated extensively by incorporating the current researches in the field; particular mention can be made of Cash Pooling system, Bullwhip effect and newer approaches to inventory recording system. Throughout the book, every concept is presented with worked-out examples and case studies for easy comprehension of the subject. The book is primarily addressed to postgraduate students majoring in Finance and to those pursuing professional courses in Accounts (CA) and Cost Accounting (ICWA). The book will also be very useful to practising finance managers as well as to purchase/materials managers.

WORKING CAPITAL MANAGEMENT: STRATEGIES AND TECHNIQUES by HRISHIKES BHATTACHARYA

From reader reviews:

Alicia Hendrickson:

Reading a e-book can be one of a lot of task that everyone in the world likes. Do you like reading book and so. There are a lot of reasons why people enjoy it. First reading a book will give you a lot of new info. When you read a reserve you will get new information because book is one of many ways to share the information or their idea. Second, examining a book will make a person more imaginative. When you reading through a book especially hype book the author will bring that you imagine the story how the people do it anything. Third, it is possible to share your knowledge to other folks. When you read this WORKING CAPITAL MANAGEMENT: STRATEGIES AND TECHNIQUES, you can tells your family, friends and also soon about yours guide. Your knowledge can inspire the others, make them reading a book.

Warren Johnson:

Playing with family in a very park, coming to see the sea world or hanging out with buddies is thing that usually you will have done when you have spare time, then why you don't try thing that really opposite from that. A single activity that make you not sense tired but still relaxing, trilling like on roller coaster you have been ride on and with addition details. Even you love WORKING CAPITAL MANAGEMENT: STRATEGIES AND TECHNIQUES, you are able to enjoy both. It is fine combination right, you still need to miss it? What kind of hang-out type is it? Oh can happen its mind hangout fellas. What? Still don't understand it, oh come on its identified as reading friends.

Douglas Stevens:

Is it anyone who having spare time then spend it whole day through watching television programs or just laying on the bed? Do you need something totally new? This WORKING CAPITAL MANAGEMENT: STRATEGIES AND TECHNIQUES can be the respond to, oh how comes? It's a book you know. You are and so out of date, spending your time by reading in this brand-new era is common not a nerd activity. So what these publications have than the others?

Gene Lyons:

A lot of e-book has printed but it differs from the others. You can get it by internet on social media. You can choose the most effective book for you, science, comedian, novel, or whatever simply by searching from it. It is identified as of book WORKING CAPITAL MANAGEMENT: STRATEGIES AND TECHNIQUES. You'll be able to your knowledge by it. Without departing the printed book, it could add your knowledge and make a person happier to read. It is most essential that, you must aware about book. It can bring you from one spot to other place.