Cash management strategies based problem


Problem:

Review ExxonMobil's most recent 2-3 years financial reports (balance sheet, statements of cash flow, managements comments, and footnotes to the financial statements) to explain how each of the current asset and liability accounts have affected the cash management strategies. In addition, assume next year's forecasted revenues will increase by 20%. Provide a detailed working capital recommendation to senior management based on the next year's increase in revenue along with the assumptions you make regarding all of the other financial line items in the pro forma financial statements. Be sure to discuss the impact of this revenue increase on the firm's working capital policy. In your conclusion, identify lessons learned and discuss areas for further development. Be sure to properly cite your references.

Explain how each of the current asset and liability accounts have affected the cash management strategies.

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Finance Basics: Cash management strategies based problem
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