CORPORATE FINANCE - LL+CONNECT ACCESS
12th Edition
ISBN: 9781264054961
Author: Ross
Publisher: MCG
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Chapter 26, Problem 7CQ
Summary Introduction
To explain: The net working capital is positive in real economy. As in ideal economy the net working capital is zero.
Net working capital:
The total amount of current assets and the current liability of the company is net working capital. The company can use working capital to fulfill the short term needs of the company. The company has high net working capital and it is considered as the growing company.
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CORPORATE FINANCE - LL+CONNECT ACCESS
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