Working Capital Management
Go through all the links above and answer the below scenario
Close to 50% of the typical industrial and retail firm’s assets are held as working capital. Many newly minted college graduates work in positions that focus on working capital management, particularly in small businesses in which most new jobs are created in today’s economy.
To prepare for this Discussion: Shared Practice, select two of the following components of working capital management: the cash conversion cycle, the cash budget, inventory management, and credit policies. Think about scenarios in which your selected topics were important for informing decision making. Be sure to review the video links above and conduct additional research using academically reviewed materials, and your professional experience on working capital concepts to help develop your scenarios. Support your discussion with appropriate examples including numerical examples as necessary.
Atleast 3 references
Answer preview
Regardless of the firm’s size or its industry of operation, working capital is a critical metric in the assessment of the business’s long-term financial health. Companies that are struggling financially can be profitable if they effectively utilize effective working capital management knowledge and practices. Working capital helps any business compare its current liabilities and current assets. Working capital management enables…
(1200 words)
No Plaigirism
Atleast 1000 words