Temporary net operating working capital

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Temporary net operating working capital is the NOWC required above the permanent level when the economy is strong and/or seasonal sales are high.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Temporary net operating working capital. The NOWC required above the permanent level when the economy is strong and/or seasonal sales are high.

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