2. Introduction
“The workingCapital management involves the
administration of current assets and current liabilities of a firm.
working capital is a continuing function which involves
controlling of every day transaction and flow of financial
resources circulating in the business
Working capital is the excess of current assets over current
liabilities . __ J. S. Mill.
Types of working capital
1.Regular working capital/ Permanent Working Capital/ Fixed
Working Capital
2. Variable working capital/Fluctuating Working Capital