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Working Capital Management

"Cash is the lifeblood of business" is an oft-repeated maxim amongst financial managers. Working Capital Management refers to the management of current or short-term assets and short-term liabilities. Short-term liabilities include creditors, trade advanc

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Effective Working Capital Management requires the formulation of optimal working capital policy and the periodic management of cash flows, inventories, account receivables, accruals and account payables. And because poor working capital management can severely damage a firm's credit worthiness and limit its access to money and capital markets, every effort must be made to minimize business default risk. Visit this site http://www.primefund.com/understanding-working-capital-finance/ for more information on Working Capital Management. follow us : https://goo.gl/t9EVqx

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Uploaded on:
04/13/2017 08:52 AM

Views: 524

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