If a company has a very risk averse, cautious manager, what is
his/her approach to managing...
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Finance
If a company has a very risk averse, cautious manager, what ishis/her approach to managing the working capital? (Include adiscussion of the level of current assets vs. level of currentliabilities that the cautious manager would hold).
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Working capital is the net of current assets current liabilities ie Net assets It is needed for daytoday running of the operations to carry on which the business is specifically formed Examples of current assets are cashmerchandise inventory accounts receivables shortterm investments prepaid assets etc Examples of current liabilities are accounts or trade payables accrued expenses
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