What Is The Main Cause Of Debt? A variety of issues can cause debt. Some causes may be the result of expensive life events, such as having children or moving to a new house, while others may stem from poor money management or failure to meet payments on time. What is the leading cause of
What Is The Meaning Of Write Off In Bank? A write-off is an accounting action that reduces the value of an asset while simultaneously debiting a liabilities account. It is primarily used in its most literal sense by businesses seeking to account for unpaid loan obligations, unpaid receivables, or losses on stored inventory. What does
How To Reduce Working Capital Cycle? Faster collection of receivables. Start getting paid faster by offering discounts to clients to reward their prompt payment. … Minimise inventory cycles. … Extend payment terms. How can the working capital cycle be improved? Shorten Operating Cycles. An increased cash flow generates working capital. … Avoid Financing Fixed Assets