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"IGNOU MMPF 001: Working Capital Management Study Material (In Depth Guide) for IGNOU Students" provides a comprehensive exploration of working capital management principles and practices essential for effective financial management. This guide equips IGNOU students with an in-depth understanding of key concepts related to working capital, including its components, significance, and determinants. Through meticulous analysis and critical examination, learners gain insights into the management of cash, receivables, inventory, and short-term liabilities to ensure the smooth operation of the business. Additionally, the guide explores various techniques and strategies for optimizing working capital levels while balancing liquidity and profitability. With its blend of theoretical knowledge, practical examples, case studies, and real-world applications, this guide empowers students with the knowledge and skills necessary to manage working capital efficiently and enhance the financial performance of organizations.