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Which financial decision-making area in business finance involves managing current assets like cash and inventory?
  • a)
    Capital budgeting.
  • b)
    Dividend management.
  • c)
    Working capital management.
  • d)
    Financial statement analysis.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which financial decision-making area in business finance involves mana...
Working capital management is the financial decision-making area in business finance that involves managing current assets like cash, accounts receivable, and inventory. It focuses on ensuring that the company has enough liquidity to meet its short-term obligations while optimizing the use of these assets to maximize profitability.
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Which financial decision-making area in business finance involves managing current assets like cash and inventory?a)Capital budgeting.b)Dividend management.c)Working capital management.d)Financial statement analysis.Correct answer is option 'C'. Can you explain this answer?
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