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Managing the working capital is mandatory because, it has a huge significance on profitability and liquidity of the business concern.
The increase in working capital helps in improving its liquidity.
Review Of Literature Of Working Capital Management
The fixed and the current assets play a vital role in the success of any company.
In depth analysis tells that most in case research work is observed and focused mainly on two aspects, working capital on profitability of firm and working capital management.
The chief issues with previous literature are lack of survey-based approach and lack of methodical theory advance study, which gives direction and idea for future research.