Significance of Working Capital:
Some time, when creditors demand their money from company, at this time period company's high working capital saves company from this condition. You know that selling of current assets is simple in small period of time however Company can’t sell their fixed assets within small time period. Therefore, when company has adequate working capital, Company can simply pay off the creditors and make his reputation in market. However if a company has zero working capital and then company can’t pay creditors in emergency time and either company becomes bankrupt or takes loan at very high rate of Interest. In both situation, it is very risky and always Company's Account Manager tries to keep a few amount of working capital for making goodwill in market.
Positive working capital allows also paying day to day expenditures such as wages, salaries, overheads and other operating expenditures. Since sufficient working capital can’t only pay maturity liabilities however also outstanding liabilities devoid of any more delay.
One of the benefits of positive working capital that Company can do every risky work devoid of any tension of self security.
Latest technology based Finance Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Finance help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Finance, project ideas and tutorials. We provide email based Finance help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Finance. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Finance Homework help and assignment help services. They use their experience, as they have solved thousands of the Finance assignments, which may help you to solve your complex issues of Finance. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!