IMPACT OF WORKING CAPITAL MANAGEMENTS ON CORPORATE PROFITABILITY OF NIGERIAN MANUFACTURING FIRMS (2000 – 2011)
Abstract This study examined the impact of working capital management on the profitability of Nigerian quoted Manufacturing firms. The working capital variables studied comprise accounts payable, accounts receivable, cash conversion cycle, stock/inventory turnover and liquidity. This study also used sales growth and Debt as control variables in examining the impact of working capital management on the profitability of Nigerian firms. Secondary sources of data were sourced from the Annual Reports ...
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