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Determinants of Working Capital Needs
There are few factors that determine the firm's working capital needs. These factors are comprehensively enclosed with a Textbook of Business Finance via Manasseh. They however contains as:
a) Size and Nature of the business.
b) Firm's manufacturing cycle
c) Firm's credit policy
d) Production policy
e) Business fluctuations
f) Growth and expansion activities
g) Availability of credit
discuss the three approaches to the short -term financing problem and provide relevant examples of each.
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