新用戶(hù)掃碼下載
掃碼下載APP
及時(shí)接收考試資訊及
備考信息
Financial management – Working capital management
1. Baumol Model
◇It is similar as the economic order quantity （EOQ）model
It refers to how much cash should be withdrawn from short-term investment to current account.
◇Ordering cost: transaction cost
◇Holding cost: opportunity cost, loss of interest on short-term investment, holding $1 for one year
2. The attitude of management towards risk
◇Aggressive: finance most current assets, including permanent ones, with short term finance. It is risky but profitable.
◇Conservative: long term finance is used for most current assets, including a proportion of fluctuating current assets. It is stable but expensive.
◇Matching: the duration of the finance is matched to the duration of the investment.
【我要糾錯(cuò)】 責(zé)任編輯：Sarah
推薦閱讀
相關(guān)資訊
Jessie主講：《FR 財(cái)務(wù)報(bào)告》免費(fèi)聽(tīng)
張宏遠(yuǎn)主講：《MA 管理會(huì)計(jì)》免費(fèi)聽(tīng)
何 文主講：《SBL 戰(zhàn)略商業(yè)領(lǐng)袖》免費(fèi)聽(tīng)
限時(shí)免費(fèi)資料
-
歷年樣卷
-
考試大綱
-
詞匯表
-
報(bào)考指南
-
考官文章
-
思維導(dǎo)圖
新用戶(hù)掃碼下載
京公網(wǎng)安備 11010802044457號(hào)