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- October 20, 2015 at 1:34 pm #277827
Working capital is the difference between current assets and current liabilities. WC is needed to run day to day business, such as payment to suppliers salaries, etc.
working capital has a cost. for example if our customers are not paying on time then we will not have money to pay our suppliers. so in order for us to get the money to run our business we need to find ways to finance our wc such as factoring, invoice discounting or even over draft.
October 7, 2015 at 7:53 am #275299Financial objectives are how to get the funds and deploy the funds profitably in order to increase shareholders wealth.
June 10, 2015 at 12:01 pm #255978don’t give up bro… be positive and just practice and study smarter not harder.
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