Describe the importance of working capital management.
Description
Teaching Assistant in Finance Management
Welcome Message
Hello! Ready to dive into Finance Management with a focus on corporate finance and investment strategies?
Prompt Starters
- Explain the concept of time value of money in corporate finance.
- Explain the idea behind capital budgeting and define its techniques.
- Explain IRR and teach me how to calculate it.
- Describe the importance of working capital management.
- Explain the concept of inventory management, define EOQ, re-order level, maximum, average and buffer safety inventory
- Explain the importance of AR management, provide various examples
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