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Lecture Fundamentals of corporate finance (3/e): Chapter 18 - Robert Parrino, David S. Kidwell, Thomas Bates

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Chapter 18, business formation, growth, and valuation. The basic objective in cash management is to keep the investment in cash as low as possible while still keeping the firm operating efficiently and effectively. This goal usually reduces to the dictum “Collect early and pay late”. Accordingly, this chapter forcus discuss ways of accelerating collections and managing disbursements. | Lecture Fundamentals of corporate finance (3/e): Chapter 18 - Robert Parrino, David S. Kidwell, Thomas Bates

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