[Download free ebook] Astonishing Legends WORKING CAPITAL MANAGEMENT: STRATEGIES AND TECHNIQUES






 | #1447342 in eBooks |  2014-01-17 |  2014-01-17 | File Name: B015DY3JWS


||0 of 0 people found the following review helpful.| A very good book|By kia|Overall this is a very comprehensive book explaining different WC strategies very well and deserves 5 star. But there is just one part that in my opinion, from what I have learned in the past, is not a correct approach. In the section related to Long-Term Credit Policy Changes and specifically Capital Budgeting Approach section in order to evaluate diff

Working capital is commonly understood as the fund needed to meet the day-to-day expenses of an enterprise. A finance manager finds that the funds for meeting these expenses get blocked in current assets. He therefore, looks for liquidity support in net working capital (NWC), which is equivalent to the excess of current assets over current liabilities. A banker also looks at the size of NWC as the long-term stake of the business in funding the current assets. But for a ...


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