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Q. Working Capital Based on Operating Cycle?
The concept of operating cycle, helps determining The time scale over which the current assets are maintained. The operating cycle for different be received in future as per terms of the sales invoice. It may also take the form of bills payable whereby the buyer signs a bill of exchanges payable on a specified future date.
These funds represent borrowings made for a period of one day to upto a fortnight. However, the mechanism adopted to lend funds to the call and the notice money m
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