Chap3-离散数学.ppt

Chap3-离散数学.ppt? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-1 FINANCIAL ASSETS Chapter 7 ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-2 How Much Cash Should a Business Have? How Much Cash Should a Business Have?$ Every business needs enough cash to pay its bills! ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-3 How Much Cash Should a Business Have? How Much Cash Should a Business Have? Cash Short-term Investments Receivables Financial Assets ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-4 How Much Cash Should a Business Have? How Much Cash Should a Business Have? Accounts receivable Marketable securities (short-term investments) Cash (and cash equivalents) Collections from customers Cash payments “ Excess ” cash is invested temporarily Investments are sold as cash is needed ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-5 The Valuation of Financial Assets The Valuation of Financial Assets Estimated collectible amount Estimated collectible amount ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-6 Cash Cash Coins and paper money Checks Money orders Travelers ’ checks Bank credit card sales Cash is defined as any deposit banks will accept. ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-bined with cash on balance sheet Reporting Cash in the Balance Sheet Reporting Cash in the Balance Sheet Liquid short- term investments Stable market values Matures within 90 days of acquisition Cash Equivalents ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-8 Not available for paying current liabilities Reporting Cash in the Balance Sheet Reporting Cash in the Balance Sheet Not a current asset Listed as an investment “ Restricted ” Cash ? The McGraw-panies, Inc., 2005 McGraw-Hill/Irwin 7-9 Bank agrees in advance to lend money. Reporting Cash in the Balance Sheet Reporting Cash in the Balance Sheet Liability is incurred when line of credit is used. Unused line of credit is disclosed in notes. Lines of