Working Capital explains how money enables a company to function. It covers inventory, accounts receivable and payable and cash. This course explains why they are crucial to the business.
Learning Outcomes:
*Analyse the working capital cycle
*Assess the costs and benefits from holding various levels of inventory
*Apply the economic order quantity to optimise the trade-off between these costs and benefits
*Apply standard cash management techniques to optimise the credit control function
*Design and apply a cash budget which avoids failure through cash shortfall
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