Accountancy, asked by goyalvanshita2588, 9 months ago

What is the impact of efficient working capital management on the organizational liquidity and profitability?

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Answered by Anonymous

Explanation:

Efficient working capital management is necessary for achieving both liquidity and profitability of a company. A poor and inefficient working capital management leads to tying up funds in idle assets and reduces the liquidity and profitability of a company (Reddy and Kameswari, 2004).

Answered by dharmendra9780206501

Answer:

Efficient working capital management is necessary for achieving both liquidity and profitability of a company. A poor and inefficient working capital management leads to tying up funds in idle assets and reduces the liquidity and profitability of a company (Reddy and Kameswari, 2004).

Explanation:

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