Working capital spontaneously finances itself because its being turned over all the time. Is this statement true,

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Working capital spontaneously finances itself because it’s being turned over all the time. Is this statement true, false, or a little of both? Exactly what is meant by “spontaneous financing”? Does working capital require funding? Why?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 04:12 AM

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Working capital spontaneously finances itself because its being turned over all the time. Is this statement true,

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The statement is partially true Spontaneous financing refer...View the full answer

Practical financial management

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