企業(yè)財務(wù)規(guī)劃與短期融資(共79頁).ppt

1、2021-12-1212021-12-122資產(chǎn)負(fù)債表構(gòu)成資產(chǎn)負(fù)債表構(gòu)成2021-12-1232021-12-1242021-12-1252021-12-126總成本持有成本缺貨成本流動資產(chǎn)數(shù)量元2021-12-127總成本持有成本缺貨成本元流動資產(chǎn)數(shù)量2021-12-128總成本持有成本缺貨成本元流動資產(chǎn)數(shù)量2021-12-1292021-12-1210流動資產(chǎn)=流動負(fù)債長期資產(chǎn)長期負(fù)債與所有者權(quán)益時間元2021-12-1211季節(jié)性變化固定資產(chǎn)的長期增長和永久性的流動資產(chǎn)時間元總資產(chǎn)需求2021-12-12122021-12-1213短期證券投資時間元長期融資總資產(chǎn)需求2021-12-12

2、14時間元總資產(chǎn)需求短期融資長期融資2021-12-12152021-12-12162021-12-12172021-12-1218銷售形成的現(xiàn)金來源銷售形成的現(xiàn)金來源2021-12-12192021-12-12202021-12-12212021-12-12222021-12-12232021-12-12242021-12-12252021-12-12262021-12-12272021-12-12282021-12-12292021-12-12302021-12-12312021-12-12322021-12-12332021-12-12342021-12-1235持有現(xiàn)金的總成本機會成本

3、交易成本C*持有現(xiàn)金成本現(xiàn)金余額量最佳現(xiàn)金余額量2021-12-1236C=120C/2=600周期初現(xiàn)金量期末現(xiàn)金量2462021-12-12372021-12-12382021-12-12392021-12-12402021-12-12412021-12-12422021-12-1243HZL時間現(xiàn)金下限反映企業(yè)對現(xiàn)金短缺風(fēng)險愿意承受的程度2021-12-12442021-12-12452021-12-12462021-12-12472021-12-12482021-12-12492021-12-12502021-12-12512021-12-12522021-12-12532021-12

4、-12542021-12-12552021-12-12562021-12-12572021-12-12582021-12-12592021-12-12602021-12-1261成本信用擴張水平緊的信用政策喪失的銷售收入壞賬損失及信用管理成本等總成本最佳信用額度2021-12-12622021-12-12632021-12-12642021-12-12652021-12-12662021-12-12672021-12-12682021-12-1269總成本持有成本訂貨成本存貨規(guī)模成本Q*2021-12-1270200100訂貨點經(jīng)濟訂貨量51020間隔期2021-12-1271300200訂貨點經(jīng)濟訂貨量51020間隔期1002021-12-12722021-12-12732021-12