tailieunhanh - CASH MANAGEMENT TECHNIQUES: THE CASE OF CASH FORECASTING IN MERCATOR

A number of positive factors underpin this forecast. Investment is forecast to provide the largest proportionate increase in the components of demand. In 2006, investment growth of 4 per cent is expected, substantially higher than the per cent figure for 2005. Much of the improvement can be traced to Germany where business sentiment appears to be strong, thereby prompting an expectation of increased investment. The strong investment performance is expected to persist into 2007 with a growth rate of per cent forecast. . | UNIVERSITY OF LJUBLJANA FACULTY OF ECONOMICS MASTER S THESIS CASH MANAGEMENT TECHNIQUES THE CASE OF CASH FORECASTING IN MERCATOR Ljubljana August 2010 MARIJA ANGELOVSKA DECLARATION I Marija Angelovska hereby certify to be the author of this Master s thesis that was written under mentorship of Prof. Dr. Aljosa Valentincic and in compliance with the Act of Author s and Related Rights - Para 1 Article 21 I herewith agree this thesis to be published on the website pages of the Faculty of Economics University of Ljubljana Slovenia. Date_______________________ Name and Surname________________________ TABLE OF CONTENTS 1 WHAT IS CASH MANAGEMENT .2 Responsibilities of the cash The importance of cash 2 DETERMINING THE INVESTMENT IN Reasons for holding Costs of holding Determining the investment in The Baumol The Miller - Orr The Stone 3 CASH MANAGEMENT Cash flow Speeding up Order and Receipt of Dunning Controlling Receipt of Due date and Efficient short-term investing of cash Economical financing of cash Cash pooling . 41 Cash flow Cash flow forecasting time