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From all other subjects, account is one of the most important subjects as it teaches real facts of business world. Accounts consist of many concepts such as cash management, revenue, expenditure of a company, working capital management, etc. Each of these topics is important.
Among all these topics working capital plays a very vital role in the working of the company as it is the main factor in deciding the total production of the firm in a year, the product to be produced, etc. But it is not easy to estimate on what type of capital to use in a year and in what quantity.
In order to know how to take these decisions it is important that you do homework and assignment regularly. We at 24x7assignmenthelp.com are here to provide aspects of working capital management assignment help.
What is working capital?
Working capital includes all the present assets of the company as well as the liabilities. There are two types of working capital in a firm.
- Gross working capital- total amount of asset that a company is presently holding with them.
- Net working capital- this shows the asset that the company holds after deducting the current liabilities from it.
But it is not easy to keep a track on these two types of working capital as there are huge amount of capitals involved in the working of the business. Thus one can opt for aspects of working capital management homework help from a reputed homework help company.
Characteristics if working capital
There are two main characteristics of working capital that every financial manager should keep in mind. This is the main ground in which aspects of working capital management homework help focuses on.
- Most working capital has a short life span
- They have tendencies to change themselves into other kinds of assets
Factors affecting amount of working capital
Next it is important that student knows the main factors that affect amount of working capital that a company hires. These factors play a very important part in other aspects of the company too. They are:
- What is the total quantity of the commodity to be produced in a year?
- What is the type of capital to be hired in that production?
- What are the products that the business deals in?
- Production policy of the company
- Total financial condition of the company
- Market demand for that product
These are some of the important aspects of working capital that a student requires to know. This is the reason why they get confused and need guidance. Thus they choose to opt for aspects of working capital management assignment help.
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