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Working Capital Management

Working Capital Management:

Management of Working Capital is also an important part of financial manager. The main objective of the Working Capital Management is managing the Current Asset and Current Liabilities effectively and maintaining adequate amount of both Current Asset and Current Liabilities. Simply it is called Administration of Current Asset and Current Liabilities of the business concern.

finance
[Post Image Courtesy of Stuart Miles at FreeDigitalPhotos.net]

Management of key components of working capital like cash, inventories and receivables assumes paramount importance due to the fact the major potion of working capital gets blocked in these assets.

About Author Mohamed Abu 'l-Gharaniq

when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.

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