Comments on: What Is Financial Management? http://lelabu.com/blog/2006/09/13/what-is-financial-management/ [cerita-ceriti, begitu-begini...] Thu, 20 Nov 2008 22:26:28 +0000 http://wordpress.org/?v=2.6 By: akirasuri http://lelabu.com/blog/2006/09/13/what-is-financial-management/#comment-63 akirasuri Thu, 14 Sep 2006 08:01:05 +0000 http://lelabu.com/blog/2006/09/09/what-is-financial-management/#comment-63 economically, there is 2 cost, an implicit cost and an explicit cost in financial management..sum manager didnt calculate an implicit cost as one of their cost in business..well dude, well done, nice entry for budak hingusan like me..ihiks.. economically, there is 2 cost, an implicit cost and an explicit cost in financial management..sum manager didnt calculate an implicit cost as one of their cost in business..well dude, well done, nice entry for budak hingusan like me..ihiks..

]]> By: leLabu http://lelabu.com/blog/2006/09/13/what-is-financial-management/#comment-59 leLabu Thu, 14 Sep 2006 02:28:43 +0000 http://lelabu.com/blog/2006/09/09/what-is-financial-management/#comment-59 Iyoko, 1. volatile interest rates mean you have to pay more for loan without planning it. In other words, if you scheduled your monthly payment for 2000, according to previous rate, but then you have to increase payment due to increment in rates. 2. excess inventory means you bought something that shouldn't have to. Eg; you bought 2 photocopy machines but your business scale only need one machine. That mean you have to pay for 2 machines installments instead of only one. This what called excess inventory. And also higher electricity bills. 3. overdue account receivable means you haven't receive payment from your customer. If you received payment on time, you can use the money to pay for others; eg, suppliers, loans etc. But when you haven't received payment, you have to use other sources. In other words, you have to pay supplier but you haven't receive payment from customer. I hope these answer you q. I do appreciate if you have any comments/suggestions as I'm also in learning stage. Iyoko,

1. volatile interest rates mean you have to pay more for loan without planning it. In other words, if you scheduled your monthly payment for 2000, according to previous rate, but then you have to increase payment due to increment in rates.

2. excess inventory means you bought something that shouldn’t have to. Eg; you bought 2 photocopy machines but your business scale only need one machine. That mean you have to pay for 2 machines installments instead of only one. This what called excess inventory. And also higher electricity bills.

3. overdue account receivable means you haven’t receive payment from your customer. If you received payment on time, you can use the money to pay for others; eg, suppliers, loans etc. But when you haven’t received payment, you have to use other sources. In other words, you have to pay supplier but you haven’t receive payment from customer.

I hope these answer you q. I do appreciate if you have any comments/suggestions as I’m also in learning stage.

]]> By: iyoko http://lelabu.com/blog/2006/09/13/what-is-financial-management/#comment-58 iyoko Wed, 13 Sep 2006 15:33:05 +0000 http://lelabu.com/blog/2006/09/09/what-is-financial-management/#comment-58 cud u please tell me a closer view of : 1. volatile interest rates 2. excess inventory 3. overdue accounts receivable i just want a few example 2 understand it.. feel free 2 share ur knowledge.. :D cud u please tell me a closer view of :
1. volatile interest rates
2. excess inventory
3. overdue accounts receivable

i just want a few example 2 understand it..
feel free 2 share ur knowledge.. D

]]> By: Fuad http://lelabu.com/blog/2006/09/13/what-is-financial-management/#comment-57 Fuad Wed, 13 Sep 2006 02:32:18 +0000 http://lelabu.com/blog/2006/09/09/what-is-financial-management/#comment-57 What an eye opener. 3 major holes contribute to money leakage. What an eye opener. 3 major holes contribute to money leakage.

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