Month: April 2015

What is working capital & why does it matter?

Profit Spelled Out Using Scrabble Squares

Working capital is a term that financial folks toss around, but its meaning may not be clear to others.   Textbooks refer to working capital as the difference between current assets and current liabilities.  Current assets are those that will probably convert to cash within one year.  Current liabilities are those that will have to be… Read more »