Gaps are bound to exist in a business’s cash flow. But if gaps are not adequately assessed or anticipated, even profitable companies can run the risk of bankruptcy.
Working capital is the cash used to fill these gaps and run a company’s day-to-day business operations.
In this online accounting and finance course, we’ll learn how working capital can be calculated and where it can be procured. We’ll also look at how working capital can be affected by the terms and conditions of purchases and sales.
By the end of this course, you’ll be able to figure out how much working capital is needed to run your own day-to-day operations!