Financial Management Strategies (HSC SSCE Business Studies): Flashcards

Monitoring, analysing & optimising net cash receipts minus expenses

Current assets minus current liabilities

Ability to meet short-term financial obligations when due

$377 million

$9.4 million

Balance of both cost control and revenue control

Expenses that change with production or sales level

Expenses constant regardless of production levels

Lock in future exchange rates to eliminate currency uncertainty

Exchange variable interest rate for fixed rate for certainty