Working Capital Management
Chandrabai Thumma
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Working Capital Management

Working Capital Management

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To any organization, a well designed and implemented working capital management is expected to contribute positively to the creation of a firm's value. "Working Capital" is the capital invested in different items of current assets needed for the business, viz, inventory, debtors, cash and other current assets such as loans & advances to third parties. Those current assets are essential for smooth business operations and proper utilization of fixed assets. The firm should maintain sufficient level of working capital to produce up to a given capacity and maximize the return on investment in fixe...