Managing Cash Flow

Contents
About the Authors
Acknowledgments
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viii
Introduction 1
Chapter 1: Understanding Cash Management 9
Cash Flow Basics 12
History, The Fed, and Float 21
Bank Issues and Concerns 28
Conclusion 33
Chapter 2: Managing Cash Flow—Receipts and Disbursements 35
Using the Balance Sheet 36
Cash Receipts 39
Cash Disbursements 58
Conclusion 67
Chapter 3: Planning and Budgeting 69
Relationship between Planning and Budgeting 71
Strategies for Competitive Advantage 74
Strategic Planning Process 76
Short-Term Planning 81
Conclusion 94
Chapter 4: Analyzing the Sales Function 95
Cash Management Study 95
Purpose of the Sales Function 96
Conclusion 122
Chapter 5: Cost Reduction Analysis Procedures 123
Benchmarking Strategies 124
Activity Based Costing Principles 152
Conclusion 174
Chapter 6: Analyzing Non-Value-Added Functions 176
Looking at the Accounting Function 177
Choosing What to Analyze 179
Identifying Goals and Basic Business Principles 182
Prioritizing Activities 184
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