Question : The firm which operate at large scale required more working capital. Which factor affecting working capital requirement is highlighted in the statement?
Option 1: Nature of business
Option 2: Scale of operation
Option 3: Business cycle
Option 4: Production cycle
Answer (1)
13th Jan, 2024
Correct Answer: Scale of operation
Solution : The firm which operates at large scale required more working capital as their inventory leve, debtors,etc are generally high.
Hence, option B is correct.
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