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Working capital management is very relevant in positioning every company within the local and global spectrum. The three types of working capital polices (aggressive, moderate and conservative policies) have varied impact on the profitability; liquidity and competitive positions of the organisation.
Required:
Question 1: In the nimble of the above explain and demonstrate the impact of each of the policies below on profitability; liquidity and competitiveness:
i) Aggressive Working Capital Managementii) Moderate Working Capitaliii) Conservative Working Capital Management
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