200 organisation which make cash sales need_____ working capital
a) less
b)nil
c) more
d) very much
Answers
Answered by
2
Answer:
I think
Explanation:
The answer is more
Answered by
1
Option (a) is the correct option.
Explanation:
Organisation which make cash sales need less working capital.
- Factors determining Working Capital needed for proper functioning of the organization are: Nature and Size of Business, Business Cycle, Production Cycle, Seasonal Fluctuations, and Operational Efficiency.
- This working capital amount depends upon the type of business a firm is into. Firms which have cash sales only and supply services over products, require less working capital but invest heavily in fixed assets.
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