Why working capital management is important for business

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Explain why working capital management is important for a business. and Working capital is often describe as ‘life blood’ of every organization. The extent to which business can be successful in its financial management hinges, to a large extent, on the management of working capital. Practically discuss how inventory , trade receivables and payables can be managed to enhance the financial fortunes of a business.

Reference no: EM131886276

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