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Why is working capital a particularly important area of concern for financial managers? At least 200 words.

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Finance

Why is working capital a particularly important area of concernfor financial managers?

At least 200 words.

Answer & Explanation Solved by verified expert
4.0 Ratings (409 Votes)
Working capital is means by which day to day operation of the entity are conducted Working capital has various component like Debtor account receivable Inventory cash account payable other current liabilities After analysing component of the following formula can    See Answer
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