Accountancy, asked by sherly2000, 1 year ago

Explain working capital cycle for a manufacturing concern​

Answers

Answered by jaskaransahi75
1

Answer:

Working Capital cycle (WCC) refers to the time taken by an organization to convert its net current assets and current liabilities into cash. ... Therefore, a business tries to shorten the working capital cycles to improve the short-term liquidity condition and increase their business efficiency.

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