http://www.action-on-line.com/#!pvn1--finance-for-managers-under-ifrs-v/c23e
Learning goal:
- Cost control is always a priority for corporate management.
Chapters:
- Golden rules for managers
- Rules for avoiding operating risk
- Controlling cost - Improving profit
- Golden rules for smart use of cash and other ressources
A word from the author:
In the Balance sheet, Liabilities and Equity fund all assets, so the weighted combination of liabilities and equity will determine the Cost of Capital.
To achieve expected WACC, it must control its debts, both in terms of interest and the amount of debt.