📝 One-liners · 65 cards
WORKING CAPITAL MANAGEMENT
What is working capital in the context of financial management?
Working capital refers to the funds required to meet day-to-day operational needs of a business, calculated as current assets minus current liabilities.
What is the concept of Gross Working Capital?
Total current assets of a firm without deducting liabilities.
What is the formula for Net Working Capital?
Net Working Capital = Current Assets − Current Liabilities. A positive value indicates the firm can meet its short-term obligations comfortably.
What is the Cash Conversion Cycle (CCC)?
Time taken to convert investments in inventory into cash flows.
🔒
Unlock 65 revision one-liners
Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for WORKING CAPITAL MANAGEMENT.
🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days