The planning and control of working capital in sick industries need special attention. A thorough analysis of causes for sickness is required for working capital management in sick industry. The Finance manager require to take steps to restructure the working capital requirements and the banks may be approached for need based finance instead of operating on the basis of predetermined [...]
The following article will guide you to learn about how to calculate standard deviation and coefficient of variation. Standard deviation is a statistical technique used in capital budgeting decisions to determine the variation or deviation from the mean of cash flows of the project. The project with lesser standard deviation in cash flows carries less risk and uncertainty. Risk is [...]
In this article we will discuss about currency futures and currency options. Currency Futures: A currency futures contract is "a commitment to deliver a specific amount of a specified currency at a specified future date for an agreed price incorporated in the contract". A currency futures contract is an agreement to buy or sell a standardized quantity of specific foreign [...]