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The study will focus on the association between working capital management (WCM) and profitability of ten selected listed FMCG companies in India for the period FY2016-FY2025. In this study, a balanced panel data set of 100 firm-year observations will be collected primarily from the CMIE Prowess database. The measures of working capital management are ICP, RCP, PDP and CCC, while that of profitability is ROA, ROE and NPM.
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