Acc 2525
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Title: Acc 2525

Essay Details:

Subject: Business
Author: Carl W
Date: November 4, 2013
Level:
Grade: A
Length: 2 / 431

Essay text:

The decisions involved in Working capital management are short term decisions. Objectives of working capital management: The primary objective of working capital management is to ensure that sufficient cash is available to: • Meet day-to-day cash flow needs. • Minimize the risk of insolvency. • Pay all the operational expenses when they fall due. • Pay creditors to ensure continued supplies of goods and services. • Pay government taxation and providers of capital dividends. • Ensure the long-term survival of the business entity. • Increase the profitability of the company...

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