销售百分比法及其在筹资管理中的应用

Sales - to - working - capital Method and its Applying in the Financing Management

资金的筹集是任何一个发展中的企业都必不可少的工作，资金需求量的预测必须做到准 确。销售额的增长必然伴随着企业资产的增长及负债的增长，因此好的销售预测是资金需求预测的必要 基础，正是由于销售与资产的因果关系导致销售百分比法的产生。本文说明在通常情况下，销售百分比法 在企业的资金需求预测中所起的作用及应注意的问题。

Financing activities plays very important part in the modern business. The volume of the working capital should be analyzed and calculated in a scientific way. The increase of the sales quotas is bound to follow the increase of the assets and liabilities, therefore capital budgeting is based on the accuracy of the sales trend analysis and due to the close relationship between the sales and assets. the paper deals with the function of the sales - to - working - capital - ratio method and the correct ways of using it.