3.3.6+Working+capital

The need for more or less working capital is highly influenced by the cash flow cycle.


 * cash-flow : ** means of showing the stages between paying out cash for labour, materials, etc. and receiving cash from the sale of goods


 * cash in-flows ** the sums of money received by a business during a period of time

**Now read P 126-7 in the textbook and copy the cash flow cycle diagram**
 * cash out-flows ** the sums of money paid out by a business during a period of time