Advanced Financial Management

More about the book

Focused on the intricacies of working capital management, this book delves into the determination of current asset levels and sources of financing. It covers both short-term and long-term financing options, including bank finance. Key topics include cash flow forecasting, cash budgets, and optimal cash balances through various models like Baumol, Miller-Orr, and Stone. Additionally, it offers strategies for managing surplus funds, making it a comprehensive resource for understanding effective working capital strategies and financial management.