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Q. What do you mean by Working Capital?
Meaning of Working Capital:- Working capital management is a significant aspect of financial management. In business money is necessary for fixed assets and working capital. Fixed assets comprise plant and machinery, land and building and furniture and fittings etc. Fixed assets are obtained to be retained in the business for a long period and yield returns over the life of such assets.
CHROMEX PLC Payback period Payback period must be based on cash flows that is the cash generated from operations and the capital invested by Chromex. Profit is different f
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