MS-41 : Working capital management
1. Explain the concepts of gross and net working capital. Explain how would you plan the working capital requirement af a firm in the short term ?
2. Explain the Bierman-McAdams model that helps the financial managers in funds management of a firm. Also discuss the models which guide hlm in deciding the process of switching funds from marketable securities to cash and vice versa.
3. a) What are lhe basic reasons for which firms hold cash and marketable securities ?