Question

18. In the paint industry, various raw materials are mixed in different proportions with
petroleum for manufacturing different kinds of paints. One specific raw material is not
readily and regularly available to the paint manufacturing companies. Bonler Paints
Company is also facing this problem and because of this, there is a time lag between
placing the order and the actual receipt of the material. But, once it receives the raw
materials, it takes less time in converting it into finished goods.
Identify the factor affecting the working capital requirements of this industry
(a) Level of competition
(b) Growth prospects
(c) Inflation
(d) Availability of raw material
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Answer 1

Answer:

SRRY

Articles of association form a document that specifies the regulations for a company's operations and defines the company's purpose. The document lays out how tasks are to be accomplished within the organization, including the process for appointing directors and the handling of financial records.