OLANIYAN OMOLOLA OLAYINKA (MISS)2023-09-212023-09-212002-09-09https://teras.ng/api/asset/document/bc5681da-d6e0-42c1-ad7f-fd7d58bd4513https://teras.ng/catalog-item/bb057399-04ca-44a8-8df8-f8e6b5a4d904http://dspace.teras-network.net:4000/handle/123456789/10848The importance attached to working capital management by treasures can be attributed to several factors. First, working capital presents a continuous set of decision making alternatives, which respond speedily to policy changes. ln contras,, fixed assets and long term funding management involve discrete decisions often with long lead time before results are apparent. Second, although the individual transactions involved in working capital flows are relatively small in comparison with fixed assets and longer term funding, current assets anel liabilities arc significant in balance sheet terms. Typically in a manufacturing concern, current assets would exceed half the value of total assets , and current liabilities might be to surpass half of the debt from outside sources.Undergraduate Theses