after going through this section you must be


After going through this section, you must be capable to:

  • Know the concept and characteristics of working capital;
  • Identify with the difference among net working capital and gross working capital;
  • Know the concept of operating cycle;
  • Identify with how the different factors influence working capital requirements; and
  • Know the various different of computing working capital.

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Managerial Accounting: after going through this section you must be
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