Student Centre | Instructor Centre | Information Centre | Home

Fundamentals of Corporate Finance, 4/c/e

Fundamentals of Corporate Finance, 4/e

Stephen A. Ross, Massachusetts Institute of Technology
Randolph W. Westerfield, University of Southern California
Bradford D. Jordan, University of Kentucky
Gordon S. Roberts, York University

Short-Term Finance and Planning

Learning Objectives

After studying this chapter in the textbook, you should be able to:

List the types of transactions that increase/decrease cash.

Compute and interpret the operating and cash cycles.

Explain the flexible and restrictive policies for financing current assets.

Prepare a cash budget and determine the short-term borrowing needs for a company.

List the most common short-term borrowing arrangements.

Define the term factoring and compute the effective annual rate (EAR) for a particular factoring arrangement.

Compute the EAR and the annual percentage rate (APR) for a company that does not make use of trade credit.

2002 McGraw-Hill Higher Education
Any use is subject to the Terms of Use and Privacy Policy.
McGraw-Hill Higher Education is one of the many fine businesses of The McGraw-Hill Companies.