MOST OF THE EMPIRICAL RESEARCH INTO THE RELATIONSHIP

BETWEEN WORKING CAPITAL MANAGEMENT AND

PROFITABILITY HAS CONFIRMED THE NOTION THAT REDUCING
CURRENT ASSETS IN COMPARISON TO TOTAL ASSETS REDUCES
WORKING CAPITAL INVESTMENT; THEREFORE, IT WOULD
POSITIVELY AFFECT THE FIRM’S PROFITABILITY. MANY
SCHOLARS HAVE MEASURED WORKING CAPITAL USING THE
CASH CONVERSION CYCLE (ELJELLY, 2004).DELOOF (2003)
ANALYZED A SAMPLE OF BELGIAN FIRMS AND FOUND THAT
FIRMS CAN RAISE THEIR PERFORMANCE BY SHORTENING THE
PERIODS FOR RECEIVABLES COLLECTION AND INVENTORY
CONVERSION. HE ALSO REPORTED AN UNANTICIPATED
NEGATIVE IMPACT ASSOCIATED WITH THE NUMBER OF DAYS
FOR ACCOUNTS PAYABLE; POORER FIRMS PROLONG THE TIME
TO
MONTH YEAR
DEGREE TITLE, SCHOOL
It’s okay to brag about your GPA, awards, and honors. Feel free to summarize your coursework
too.

MONTH YEAR
DEGREE TITLE, SCHOOL
It’s okay to brag about your GPA, awards, and honors. Feel free to summarize your coursework
too.

SKILLS
 List your strengths relevant for the role you’re  List one of your strengths
applying for  List one of your strengths
 List one of your strengths  List one of your strengths

ACTIVITIES
Use this section to highlight your relevant passions, activities, and how you like to give back. It’s good to
include Leadership and volunteer experiences here. Or show off important extras like publications,
certifications, languages and more.