Question

being a public utility service provider,will it need less working capital or more?​

Answer 1

Answer:

working capital..

Explanation:

hope it's useful for you buddy

follow and brainliest me

thanks

Answer 2

A public utility service provider needs a higher working capital as it needs to maintain the public infrastructure regularly and take care of the services for the public.

• A public service provider needs to conduct regular service checks so that the people are not facing any issues. This will cost a lot of money as well as manpower.
• The service provider needs to have working capital for the needed funds as well as to pay for the service employees.

Answer 3

WORKING CAPITAL IN PUBLIC UTILITY SERVICE PROVIDER

Being a public utility service provider, it will need less working capital but more fixed capital.

FEATURES OF WORKING CAPITAL :

* Working capital is a critical component of operational liquidity that all firms require to finance everyday operations and activities, which include commitments and expenditures.

* Working capital, in addition to fixed assets such as plant and machinery, equipment, and real estate, is an important component of operational capital.

* Assume the current asset value is greater than the current liabilities. In that situation, the company has "positive working capital," and in the opposite case, the company has "negative working capital." Positive working capital ensures that a company has enough cash to cover its operating costs and short-term small business loans.