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Define working capital and its importance for a business. Explain the term 'liquidity' in relation to financial statements. What is the purpose of a
Define working capital and its importance for a business. Explain the term 'liquidity' in relation to financial statements. What is the purpose of a statement of retained earnings?
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Working capital refers to the difference between a companys current assets and its current liabilities It represents the funds available to a business ...
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Financial Management For Decision Makers
Authors: Peter Atrill, Paul Hurley
2nd Canadian Edition
138011605, 978-0138011604
