Date of Award

5-1968

Degree Type

Master's Essay - Restricted

Degree Name

Master of Business Administration (MBA)

Department

Business Administration

First Advisor

Howard A. Launstein

Abstract

Cash forecasting is a part of the management of working capital. A cash forecast attempts to determine the effect of various management decisions and economic conditions upon the cash balance of the enterprise. Cash is the only portion of the assets of an enterprise which universally is acceptable in exchange for other assets. This unique feature of cash makes it critical that adequate cash balances be available when required tor the purchase of inventories, capital assets, or for operating expense. Failure to provide adequate cash balances can result in insolvency and possibly bankruptcy or insufficient cash to accomplish desirable or essential projects. Excessive cash balances have coats in terms of lost earnings from the possible investment of these funds in plant, inventories, or accounts receivable needed to expand the business or in short term marketable investments.

Comments

In partial fulfillment of the requirements for the Degree Master of Business Administration, Marquette University, Milwaukee, Wisconsin

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