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Q. Define Working Capital.
Ans. Introduction: - Working capital plays the similar role in the business as the role of heart in the human body. Just like heart gets blood as well as circulates the same in the body, in the similar way in working capital, funds are generated as well as then circulated in the business. As and when this flow stops the business becomes lifeless. Therefore prudent management of Working capital is necessary for the success of a business.
State the major decision of financial management The major decision of financial management is the decision relating to dividend policy. The dividend must be analysed in relat
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Silvana Zhang of Sajjad Jafri & Geopeng Li Limited is considering purchasing a new widget making machine. She would like to know the maximum price she should pay for the new machin
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