pptx, 4.64 MB
pptx, 4.64 MB
docx, 1.37 MB
docx, 1.37 MB

233 Managing Finance
2 LIQUIDITY

This complete lesson includes:
a) Distinction between profit and cash
b) Statement of financial position (balance sheet):
• measuring liquidity: calculating current ratio and acid test ratio
• ways to improve liquidity, including assets, supplier credit terms, factoring, inventory JIT
c) Working capital and its management: the importance of cash

This lesson is written by Sarah Hilton at Revisionstation

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