The Management of Cash and Marketable Securities

1
Chapter 16

• The Management of Cash and Marketable Securities

2
Management of Cash and Securities

• Expediting collections slowing disbursements
• Float, lockboxes, drafts
• Electronic funs transfer
• Investing in marketable securities
• Default risk, liquidity,maturity
• Types of marketable securities
• U.S. treasury issues and other federal agency
  issues
• Municipal securities, CDs, commercial paper,
  repurchase agreements, and bankers acceptances
• Money market mutual funds and bank money market
  accounts

3
Homework

• Page 619, questions 1, 4, 10, and 11