Textbook Notes (369,015)
Canada (162,339)
MGTA02H3 (363)
Chapter 10

chapter 10 textbook notes

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Department
Management (MGT)
Course
MGTA02H3
Professor
Chris Bovaird
Semester
Winter

Description
Chapter 10Financial manager plan and control financial assetincrease firms value improve financial statusFinancial manager increasing firms wealthcash flow management cash flow into firm revenue out of firm debt paymentUse idle cash to investFinance responsibility for longterm investment pay it everyday financial activities manage riskFinancial control process of checking actual performance against plan ensure desire financial status is achievedFinancial plan how to reach financial position include projection for source and uses of fundCredit policy rules governing firms extension of credit to customerinventory goods held by company and sell within a yearraw material inventory basic supplies used to manufacture productwork in process inventory goods partway through the product processfinished goods inventory completed goods ready for saleWorking capitalreduce working capital
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