5 |
Managing Short-Term Assets
Learning Objectives
By the end of this chapter, you should be able to:
• Describe the characteristics of the key short-term assets.
• Distinguish the effects of alternative management policies on working capital.
• Explain the cash conversion cycle.
OVERVIEW
Starting with this chapter, you will take a step-by-step tour of the Balance Sheet. You will learn how the operating manager affects these accounts and how the financial information reflected in these accounts affects the operating manager. This particular chapter concentrates on short-term assets, those that make up the working capital assets. These ...
Get Finance and Accounting for NonFinancial Managers, 3rd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
