What is essential ingredients of sound working capital management
Answers
Answered by
1
Answer:
sound of the working more powerful capital management
Answered by
0
- Working capital is the basic amount required for every business to do the daily activities with ease and without any delay.
- Working capital is a very important part of every business and thus needs to be managed efficiently.
- To manage working capital we need to manage our inventory. We should get rid of slow moving inventory and avoid dead stock.
- We should get the money lent to the vendors within an adequate time to maintain a proper and running cash flow.
Similar questions