Loose Leaf for Foundations of Financial Management Format: Loose-leaf
Loose Leaf for Foundations of Financial Management Format: Loose-leaf
17th Edition
ISBN: 9781260464924
Author: BLOCK
Publisher: Mcgraw Hill Publishers
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Chapter 6, Problem 3DQ
Summary Introduction

To explain:The significance of matching sales and production in working capital management.

Introduction:

Working capital management:

The strategy of a company to ensure or monitor that it uses its current assets and current liabilities efficiently is termed as working capital management. The working capital of a company comprises of investments in current assets, such as short-term assets like cash and bank balance, inventories, receivables, and marketable securities.

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