CONTENTS
I-23 PAGE
STUDENTS ACTIVITIES
561
Points to remember
561
Graded illustrations
561
Objective type questions
578
Multiple choice questions
578
Assignments
579
Problems
580
20
RECEIVABLES MANAGEMENT
u Costs of Receivables
584
u Benefits of Receivables
584
u Credit Policy
585
u Credit Evaluation
587
u Control of Receivables
589
u Size of Investment in Receivables
590
u Factoring and Receivables Management
590
u Benefits and Costs of Factoring
591
u Evaluation of Credit Policies
594
STUDENTS ACTIVITIES
596
Points to remember
596
Graded illustrations
596
Objective type questions
607
Multiple choice questions
607
Assignments
608
Problems
609
21
INVENTORY MANAGEMENT
u Types of Inventories
611
u Inventory Management
612
u Techniques of Inventory Management
615
u Just-In-Time Inventory (JIT)
620
u Risk in Inventory Management
621
STUDENTS ACTIVITIES
621
Points to remember
621
Graded illustrations
622
Objective type questions
629
Multiple choice questions
629
Assignments
631
Problems
631
22
FINANCING OF WORKING CAPITAL AND THE BANKING POLICY
u Spontaneous Sources
634
u Commercial Papers
637
