Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134083278
Author: Jonathan Berk, Peter 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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