2017 | OriginalPaper | Chapter
10. Working Capital Management
Author : Joshua Yindenaba Abor
Published in: Entrepreneurial Finance for MSMEs
Publisher: Springer International Publishing
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Abstract
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• explain the concept of working capital management
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• describe the components of working capital management
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• discuss the importance of proper inventory management
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• appreciate how accounts receivable are efficiently managed
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• explain the relevance of good cash management among firms
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• discuss how firms invest excess cash through marketable securities management
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• explain how firms’ current liabilities are managed