1、2100 英文单词， 1.1 万英文字符 ，中文 3500 字 文献出处： Oral C , Cenkakkaya G . Cash Flow at Risk: A Tool for Financial PlanningJ. Procedia Economics and Finance, 2015, 23:262-266. Cash Flow at Risk: A Tool for Financial Planning Ceren Oral, G. Cenk Akkaya Abstract The companys cash levels can vary considerably over
2、time depending on, payment and collection cycle. Made full and timely payment of sufficient operating capital to keep and disruption of operations, it is important to predict cash levels correctly. Cash Flow at Risk; as well as financial strategies and long-term investment planning based on the scie
3、ntific basis of creation, it provides an assessment of capital structure. Through different scenarios that may occur rarely even considers events. Through Cash Flow at Risk calculations on a specific date how much cash levels may fall within the confidence interval, how can rise under favorable mark
4、et conditions can be analyzed. As a result of this analysis, to meet the level of cash payments , the probability of occurrence of certain changes in the cash flow, working capital requirements for market risk are determined in consideration of cash planning is done. The purpose of the study is to e
5、valuate the risks that may arise due to the deviation of cash flows. In this context, based on 2014 budget of a sample business, cash flow at risk will be calculated. To manage the liquidity risk of sample business, an analysis will be carried out in two different scenarios whether to use or not to
6、use a credit. Keywords: Cash Flow, Risk, Financial Planning 1. Introduction Risk is defined as an event that has a probability of occurring, and could have either a positive or negative impact to a project should that risk occur. A risk may have one or more causes and, if it occurs, one or more impacts (www.phe.gov). The concept of risk is manageable due to the phenomenon of constantly being analyzed by investors, and development tools for hedging evil is constantly monitored studies. Risk m
