What is Working Capital Management? Working capital management is managing the capital of the entity to finance its day-to-day operational activities. Working capital is the difference between the current assets and the current liabilities of an entity. An asset or liability is considered current when it is payable or receivable within an operating cycle. So, …
Read MoreRunning a business successfully is an art in itself. No matter how great your business idea is, you will not be able to realize that unless you have a firm grasp on your financial situation. You ought to have financial agility, accountability, and power to realize the available business opportunities. With an economic slowdown, there …
Read MoreWorking capital is required by all businesses to support daily operations and activities, which include obligations and expenditure, and is a significant component of operational liquidity. In addition to fixed assets, such as a plant and machinery, equipment, and property, working capital is an essential component of operational capital. To understand working capital better, let …
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