objective of working capital
Answers
Answer:
The main objectives of working capital management include maintaining the working capital operating cycle and ensuring its ordered operation, minimizing the cost of capital spent on the working capital, and maximizing the return on current asset investments.
Answer:
The primary objective of working capital management is to ensure smooth operating cycle
of the business. Secondary objectives are to optimize the level of working capital and minimize the cost of such funds.
The superior objective of financial management is wealth maximization and that can be gained by profit maximization accompanied with sustainable growth and development. For sustainable growth and development,the objectives of all the stakeholders including customers, suppliers, employees, etc should be aligned to the growth of the organization.
Explanation:
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