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Which of the following is not correct about working capital management? * (a) Monies tied up in inventories and trade receivables earns nothing but involves

Which of the following is not correct about working capital management? * (a) Monies tied up in inventories and trade receivables earns nothing but involves cost (b) A shortage of working capital can result in liquidity problems (c) Working capital is the net current assets of a business (d) Working capital is only financed with short-term funds

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