Working Capital Management: Applications And Cases

This book focuses on how businesspeople can continue to be successful in these challenging financial times, particularly in the context of limited access to bank credit and other sources of short-term funds. It covers important topics such as:

• The efficient utilization of current assets and current liabilities of a firm throughout each phase of the busi-ness operating cycle.
• The planning, monitoring, and manage-ment of the company's collections, disbursements and bank account balances.
• The management of receivables, inventories and payables to minimize investment in idle resources.
• The gathering and management of information and forecast data to ef-fectively use available funds and identify risk.

Case studies include:

• Widget Manufacturing: comprehensive (with suggested solutions)
• My Pal Cal: small business
• Dolly’s Dresses: ratios and other working capital issues
• Miller Building Supplies: cash budgeting and decisions on financing
• South Haven Products: forecasting short-term financing requirements and adjustments to planning

JAMES S. SAGNER, PHD, has been a Professor at the University of Bridgeport and has taught executive education in the finance program at the University of North Carolina. He is a Principal of Sagner/Marks, a treasury management consulting firm with offices in White Plains, New York, and of Bank Credit Training Partners. He is the author of Cashflow Reengineering, Financial and Process Metrics for the New Economy, and Essentials of Working Capital Management, and coauthor of Essentials of Managing Corporate Cash.