“We want to turn our inventory faster than our people.”
After reading the chapter, you will be able to:
Understand the concept of working capital.
Discuss the objective of working capital management.
Analyse aggressive and conservative working capital policies.
Look at the factors affecting working capital.
Understand the concept of operating cycle.
Assess working capital requirements.
Established in 1995, Amazon.com is an American multinational e-commerce company. It is America's largest online retailing company. The company has diversified product lines ranging from DVDs and software to food and furniture.
Generally, companies manufacture products ...