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What is Essentials of Working Capital Management about?

This document discusses working capital management. It defines working capital as current assets used in operations, and net working capital as current assets minus current liabilities. Working capital is needed to purchase raw materials, pay wages, and cover day-to-day expenses. There are different types of working capital including permanent, temporary, seasonal, and special working capital. Key factors that determine working capital requirements include the nature of the business, production cycle, opera

Author

daniel

Language

EN