What is meant by the term working capital? How can working capital be increased or decreased?

Compare and contrast the three current asset financing strategies.

• Maturity-Matching Financing strategy
• Conservative Financing strategy
• Aggressive Financing strategy

What are the five Cs of credit? Briefly explain each of them.

What are basic principal types of cash flows? Briefly explain each of them.

What is float? Discuss at least 4 floats

Describe elements should be included in Inventory Policy

Discuss advantages and disadvantages of centralized and decentralized A/P and disbursement system.