Financing Current Operations and the Cash Budget

John B. Guerard, Anureet Saxena () and Mustafa N. Gültekin
Additional contact information
John B. Guerard: McKinley Capital Management, LLC
Anureet Saxena: McKinley Capital Mgmt, LLC
Mustafa N. Gültekin: University of North Carolina Chapel Hill

Chapter Chapter 6 in Quantitative Corporate Finance, 2022, pp 101-118 from Springer

Abstract: Abstract A firm with increasing sales volume needs increased current assets to service the new level of activity. Given normal inventory turnover, higher sales necessitate a higher level of stocks. Similarly, greater sales levels enlarge the average amount of receivables the firm carries since additions to the accounts come in faster than old accounts are collected. The corporation officers responsible for working capital management must decide how to finance the required increase in current assets.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-87269-4_6

Ordering information: This item can be ordered from
http://www.springer.com/9783030872694

DOI: 10.1007/978-3-030-87269-4_6

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().