Corporate Finance
Corporate Finance
3rd Edition
ISBN: 9780132992473
Author: Jonathan Berk, Peter DeMarzo
Publisher: Prentice Hall
Question
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Chapter 19, Problem 5P
Summary Introduction

To determine: The working capital requirement.

Introduction:

The difference between the net current assets and net current liability is termed as net working capital. The amount of funds or the sum of current assets required to cover the operating expenses is termed as working capital requirements.

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