To be reinstated, the dealers will have to meet certain business criteria, including minimum working capital requirements, sales and profitability within 60 days of receiving reinstatement letters next week, GM said.
What does MWC stand for?
MWC stands for Minimum Working Capital (project estimating)
This definition appears very rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of MWC
We have 125 other meanings of MWC in our Acronym Attic
- Medium Wave Circle (European radio enthusiast club)
- Medium Weight Coated (paper)
- Melbourne Water Commission (Australia)
- Mennonite World Conference
- Meter of Water Column (Pressure Unit)
- Metrix Web Console (Cabletron)
- Michigan Wildlife Conservancy (Bath, MI)
- Middlesex Water Company (est. 1987; Delaware and New Jersey)
- Migrant Workers Convention (UN)
- Mine Warfare Coordinator
Samples in periodicals archive:
The amount of working capital you need will vary during the course of the year, and even during the course of a month, but you should allow for the maximum amount that you're likely to require, as a rule of thumb it makes sense to aim for minimum working capital of a month's average sales, multiplied by the number of months it takes to collect payment.
About pounds 20,000 - the minimum working capital required, to be honest - I had a shocking November
Utility administrators have considered additional steps recently to strengthen the system's financial profile, including the establishment of a rate mitigation fund, a minimum working capital requirement, and a vehicle repair and replacement fund; no formal action has been taken to date.
Completion of the transaction is subject to funding of required financing, a minimum working capital condition and other customary closing conditions including approval of the Thousand Trails stockholders.
Recently announced policy initiatives, including a rate mitigation fund, a vehicle repair and replacement fund, and a minimum working capital requirement should provide additional stability to financial operations.
The agreements also require compliance with certain financial and other covenants including a minimum working capital requirement, compliance with fixed charge and interest coverage ratios, and limitations on dividend payments.
The proceeds of the private placement will be used to meet the minimum working capital requirements for the Company's Major Transaction with Friendly Fuels as set by the policies of the Alberta Stock Exchange.