EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 8220103145947
Author: DeMarzo
Publisher: PEARSON
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Chapter 19, Problem 6P
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 sum of current assets required to cover the operating expenses is termed as working capital requirements.

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What is working capital, and how is it calculated? Expl
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