Vikas Sharma

Working capital finance from banks: cash credit, overdraft, bill discounting, letters of credit and other sources, and what maximum permissible bank finance meant, with a worked example for a small manufacturer4 Oct 2026 Receivables management: evaluating a longer credit period or a cash discount, the ageing schedule, factoring, and the cost of delaying supplier payments, with a worked example for a wholesale trader4 Oct 2026 Cash budget and cash management: forecasting monthly receipts and payments, spotting a shortfall early and deciding the cash balance to keep, with a worked example for a trading firm4 Oct 2026 Working capital cycle: the operating cycle in days and estimating how much working capital a business needs, with a worked example for a small manufacturer4 Oct 2026 Dividend policy: the Walter, Gordon and Lintner models and the irrelevance view, and how a closely held company decides how much profit to distribute, with a worked example for a private company4 Oct 2026 Capital budgeting: payback period, accounting rate of return, NPV, IRR and profitability index for deciding on a new machine or project, with a worked example for a small manufacturer4 Oct 2026 Operating leverage, financial leverage and combined leverage: how fixed costs and interest magnify a change in sales into a larger change in profit, with a worked example for a small manufacturer4 Oct 2026 Capital structure decisions: EBIT-EPS analysis, the financial break-even point and the debt-equity indifference point, with a worked example for a growing private company4 Oct 2026 Cost of capital and WACC: the cost of debt, preference capital, equity and retained earnings and the weighted average a project must beat, with a worked example for a private company4 Oct 2026 Sources of finance for a business: owner's capital, retained earnings, term loans, debentures, leasing and short-term funding compared by cost, risk and control, with a worked example for a small manufacturer4 Oct 2026 Ratio analysis for a small business: liquidity, leverage, coverage, activity and profitability ratios and how an owner or lender reads them, with a worked example for a trading firm4 Oct 2026 Flexible budget, zero-based budgeting and budget ratios: comparing actual results with a budget adjusted to the actual level of activity, with a worked example for a small manufacturer4 Oct 2026