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belka [17]
1 year ago
15

What are the different elements of working capital and explain actions that Management of a business entity might take to reduce

the length of the cycle
Business
1 answer:
faltersainse [42]1 year ago
4 0

The different elements of working capital are <u>current current asset and current liabilities</u>. The management of a business entity might take <u>ratio analysis</u> to reduce the cycle.

Working capital management assists in sustaining the smooth operation of the net operating cycle, otherwise called the cash conversion cycle.

<h3>What is working capital management?</h3>

Working capital management is a business strategy formulated to ensure that an organisation functions efficiently by overseeing and utilizing its current assets and liabilities to their most effective use.

Therefore, learn more about working capital management: brainly.com/question/28287025

#SPJ1

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2 years ago
Year P (bikinis) Q (bikinis) P (Speedos) Q (Speedos)
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