Question : A company join liberal credit facilities from its suppliers will need less working capital. Which factor affect the working capital requirement in the given statement?
Option 1: Scale of operations
Option 2: Business cycle
Option 3: Credit allowed
Option 4: Credit availed
Answer (1)
20th Jan, 2024
Correct Answer: Credit availed
Solution : The requirements of working capital depend on credit facilities enjoyed by the company. A company enjoying liberal credit facilities from its suppliers will need less working capital.
Hence, option D is correct.
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