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Common Pitfalls In George's Capital Budgeting Procedure

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Common Pitfalls In George's Capital Budgeting Procedure
Management of Working Capital
James Ward
Instructor: Leon Daniel
BUS 650 Managerial Finance November 17, 2014

Management of Working Capital
A financial metric that ensures operating liquidity of a firm, business organization or any other entity including governmental entities is known as working capital. Working capital is the difference between the current assets and liabilities of an organization determining the amount of debt acquired to finance its assets. George had also borrowed loan from bank in order to finance the purchase of inventory for his shop. In addition, he also invests certain amount of personal equity to avoid bankruptcy.
Pitfalls in George’s Capital budgeting Procedure:
The common pitfalls in George’s capital
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