Abstract
The above paper appreciates the fact that most organizations go through difficult economic times and require effective working capital management. Moreover, the study recognizes the fact that inefficient management of the same has adverse effects on the financial performance of the business. Therefore, financial managers have an obligation to maintain a balance in liquidity as one approach to enhance the profitability of the firm. To achieve the study objective, the paper utilizes an efficient research design, which is believed to assist the business in achieving its set purpose. The study seeks to use data from three companies (Coca-Cola, Barclays ...