state the term- overtradingovertrading takes, Financial Management

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state the term- overtradingovertrading takes

State the term- Overtrading

Overtrading takes place when a company has insufficient finance for working capital to support its level of trading. The company is growing rapidly and is trying to take on more business which its financial resources permit i.e. it's "under-capitalised".

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Financial Management: state the term- overtradingovertrading takes

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