10.9 Summary: Short-term Corporate Financial Management

In this chapter, we have discussed the essential challenges the company faces in its short-term financial management, including cash, inventory, and accounts receivables management.  As before, models are helpful guidelines, but can never replace the human mind, which is far more adept at dealing with nuances and mathematical imperfections.

That is why finance people get paid big bucks! We cannot be replaced by machines and technology.

So… let’s get started!