Course curriculum

    1. 705 Management of Current Assets Introduction

    2. 710 Management of Cash

    3. 715 Cash Management International

    4. 720 Marketable Securities

    5. 725 Accounts Receivable Management

    6. 730 Inventory Management

    7. 735 Just-In-Time Inventory

    1. 711 Cash Management (1)

    2. 713 Foreign Currency Cash Management (1)

    3. 715 Accounts Receivable & Ave Collection Period (1)

    4. 722 Economic Ordering Quantity (EOQ) Prob 1

    5. 726 Level vs Seasonal Production Decision (1)

    6. 727 Customer Credit Policy Decision (1)

    7. 731 Customer Credit Policy, Turnover Ratios, & ROI (1)

    8. 732 Customer Payment Terms & Discount Policy (1)

    9. 734 Customer Payment Terms & Discount Policy (1)

    1. 711 Cash Management

    2. 713 Foreign Currency Cash Management

    3. 715 Accounts Receivable & Ave Collection Period

    4. 721 Accounts Receivable Aging

    5. 722 Economic Ordering Quantity (EOQ) Prob 1 (2)

    6. 724 Economic Ordering Quantity (EOQ) Prob 2

    7. 726 Level vs Seasonal Production Decision

    8. 727 Customer Credit Policy Decision

    9. 731 Customer Credit Policy, Turnover Ratios, & ROI

    10. 732 Customer Payment Terms & Discount Policy

    11. 734 Customer Payment Terms & Discount Policy

About this course

  • $15.00
  • 27 lessons
  • 7 hours of video content

Description

This course will discuss how to manage current assets from a corporate finance perspective.

It will include many example problems, some in presentation format, some using Excel worksheets. Each Excel problem will include a downloadable Excel workbook having at least two tabs, one with the answer, another with a preformatted worksheet you can populate along with the step-by-step instructional videos.

Current asset classes we will consider include cash, accounts receivable, inventory, and marketable securities.

Balancing the asset mix between current assets and long-term assets is critical and helps a company maintain a safe level of liquidity, while maximizing profitability.

Cash management is at the heart of a good current asset strategy, cash being part of every business cycle. Sufficient cash will be needed to pay out obligations as they become due.

Collecting on accounts receivable efficiently can help increase cash flow. Company may use strategies like cash discounts to increase accounts receivable turnover. When using cash discounts, a company needs to compare the benefit of increased cash flow to the cost of the discount.

Finding the ideal level of inventory turnover will also improve performance greatly. A reduction in the period of time inventory is held can reduce holding costs and lesson the chance of spoilage or obsolescence.

We will discuss the concept of a just in time inventory system.