Effective Working Capital Management requires the formulation of optimal working capital policy and the periodic management of cash flows, inventories, account receivables, accruals and account payables. And because poor working capital management can severely damage a firm's credit worthiness and limit its access to money and capital markets, every effort must be made to minimize business default risk. Visit this site http://www.primefund.com/understanding-working-capital-finance/ for more information on Working Capital Management. follow us : https://goo.gl/t9EVqx
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