Chapter 11
Management of Working Capital: An International Perspective
LEARNING OBJECTIVES
After studying this chapter, you should be able to:
Highlight the importance of working capital.
Discuss the issues involved in cash management in the international context.
Understand the importance of international receivables management and the role of factoring.
Focus on the importance of inventory management in the international context.
Discuss various methods of financing current assets.
11.1 Introduction
The management of working capital involves the management of various current assets and liabilities of a firm individually as well as in combination with each other. As the current assets and liabilities of a firm are affected by factors such ...
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