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- W77897535 abstract "This chapter discusses the management of working capital. The need for funds in a business is affected by every activity of the business and by virtually everything that happens to the business. At any given point in time the assets can be disclosed on the balance sheet. The working capital of a business reflects the short-term uses of funds. The cash is used to acquire stock, which when sold will result in an inflow of cash either immediately or after a time lag if the sales were on credit. The rate of turnover of current assets in relation to the total sales of a given time period is of critical importance to the total funds employed in those assets. The rate of turnover of the current assets in relation to total sales can be calculated by dividing the annual sales by the average current assets for that year. The standard measure of control of the investment in debtors is that of turnover." @default.
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- W77897535 date "1984-01-01" @default.
- W77897535 modified "2023-09-27" @default.
- W77897535 title "The management of working capital" @default.
- W77897535 doi "https://doi.org/10.1016/b978-0-408-01486-1.50024-7" @default.
- W77897535 hasPublicationYear "1984" @default.
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