FINANCE 72-373 Working Capital Management
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Working capital management as per the course FINANCE 72-373 Working Capital Management is defined as current assets less current liabilities; it is a organization tool that helps businesses effectively make use of current assets and maintain sufficient cash flow to meet short-term goals and obligations.
Following are the four main components of working capital under course FINANCE 72-373 Working Capital Management:
Four main components of working capital:
- Trade Receivables - It is also explained as per the course as account receivables and is represented as current liabilities in balance sheet.
- Stock details.
- Cash and Bank Balances.
- Trade Payables
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