Copyright

Notes

Copyright © 2019, 2015, 2012 Pearson Education, Inc. All Rights Reserved. Introduction to Finance - Exam Revision •Short term capital management Copyright © 2019, 2015, 2012 Pearson Education, Inc. All Rights Reserved. Exam structure • Exam regulations and conditions – Duration two hours no reading time – Bring a calculator – Closed book – not notes texts etc • Exam structure – Ten short answer questions answered on the exam paper, just one mark each – all will be discussion answers – Two longer answer questions 10 marks each – both will be a mix of calculations and discussion Copyright © 2019, 2015, 2012 Pearson Education, Inc. All Rights Reserved. Exam content • Areas covered – Working capital management – Dividend policy – The slides that follow cover all of the potential areas of the exam Copyright © 2019, 2015, 2012 Pearson Education, Inc. All Rights Reserved. 14.1 Net Working Capital Fundamentals • Working Capital Management – Working Capital (or Short-Term Financial) Management  Management of current assets and current liabilities • Net Working Capital – Working Capital  The portion of the firm’s assets used in day-to-day transactions  The primary elements of working capi...