Page 393 - F1 Integrated Workbook STUDENT 2018
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Working capital management
Financing Working Capital
3 Working capital policies
A moderate policy
An aggressive policy
A conservative
policy
This is where short
This uses short-term term finance is used to
financing to fund all
the fluctuating current This is where all of the fund the fluctuating
current assets and
assets as well as permanent current and long-term finance is
non-current assets are
some of the financed by long-term used for the
permanent parts of funding permanent current and
current assets.
non-current assets
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