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Question: a) Explain clearly why working capital management is very important in finance? b) Discuss the statement that...

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Finance

Question:

a) Explain clearly why working capital management is veryimportant in finance?

b) Discuss the statement that wealth maximization is a bettercorporate objective than profit maximization.

Answer & Explanation Solved by verified expert
4.1 Ratings (735 Votes)
a Working capital is a very important part of financial management Efficient use of working capital can improve the return on capital and return on assets Good working capital management ensures    See Answer
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