policies and practices
☺ Another way to significantly reduce working capital requirements
☺ The franchisee can take a number of actions to enhance inventory control to minimize the risk of losing sales
☺ The franchisor will often develop an approach to inventory management, test it, and then recommend it to franchisees to help them minimize their inventory costs
1. 현금과 예금의 범위
(1)현금(cash in hand): 통화(currency + coin), 통화대용증권
○통화대용증권 - 한국은행권은 아니지만 한국은행권과 같은 효력으로 사용되는 것
언제든지 통화와 교환할 수 있는 것. 은행발행자기앞수표, 타인발행당좌수표, 송금수표, 여행자수표, 우편환증서, 만기가 된 공․사채
managing working capital or paying off debts in future.
- AMR Corp owns more airplane, whereas Korean Air leases more. So this should be considered as advantage for AMR Corp when comparing the two companies for investment.
Liabilities & Shareholder’s Equity
AMR Corp Korean Air AMR Corp Korean Air
2007 2007 2006 2006
Accounts Payable 4.1% 1.3% 3.7% 1.7%
Short-Term Debt 0.0% 3.5% 0.0
cash from the contract until a later date. While the company may be earning a profit in the eyes of accountants (and paying income taxes on it), the company may, during the quarter, actually end up with less cash than when it started the quarter. Even profitable companies can fail to adequately manage their cash flow, which is why the cash flow statement is important: it helps investors see if a