Search results
Results from the WOW.Com Content Network
The standard of payment of credit purchase or getting cash from debtors can be changed on the basis of reports of cash conversion cycle. If it tells good cash liquidity position, past credit policies can be maintained. Its aim is also to study cash flow of business. Cash flow statement and cash conversion cycle study will be helpful for cash ...
The working capital cycle (WCC), also known as the cash conversion cycle, is the amount of time it takes to turn the net current assets and current liabilities into cash. The longer this cycle, the longer a business is tying up capital in its working capital without earning a return on it.
The theory states an individual's motivation for a task can be derived with the following formula (in its simplest form): = where , the desire for a particular outcome, or self-efficacy is the probability of success, is the reward associated with the outcome, is the individual’s sensitivity to delay and is the time to complete that task.
Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory.
The scientific study of mental chronometry, one of the earliest developments in scientific psychology, has taken on a microcosm of this division as early as the mid-1800s, when scientists such as Hermann von Helmholtz and Wilhelm Wundt designed reaction time tasks to attempt to measure the speed of neural transmission.
Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions ( as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. [1]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The credit cycle is the expansion and contraction of access to credit over time. [1] Some economists, including Barry Eichengreen , Hyman Minsky , and other Post-Keynesian economists , and members of the Austrian school , regard credit cycles as the fundamental process driving the business cycle .