Working capital, Microeconomics

Working Capital: A business requires a certain revolving fund of finance to pay for regular purchases of initial labour, raw materials and other inputs to production. Working capital may refer to actual physical inventory of raw materials and goods-in-production, or it can refer to financial resources required on a normal basis to pay for those things.

Posted Date: 8/26/2013 6:44:34 AM | Location : United States







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