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Do you know how important Working Capital Requirement (WCR) is for financial management? As a finance professional, you’re probably familiar with P&L KPIs and other financial metrics. However, if you want a complete overview of your financials, you also need to understand how to analyze a balance sheet. One important component of a balance sheet […]
Working capital is the amount of money that a business needs to cover its short-term expenses, such as inventory, salaries, and taxes. A working capital requirement is the minimum amount of working capital that a business needs to have on hand to maintain its operations and meet its financial obligations. Therefore, determining a business’s working […]
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