Accountancy, asked by piyushTiwari5782, 1 month ago

Exaplain factors affecting the need of working capital

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Answered by Anonymous
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Answer:

Main factors affecting the working capital are as follows: (1) Nature of Business:In the case of manufacturing business it takes a lot of time in converting raw material into finished goods. Therefore, capital remains invested for a long time in raw material, semi-finished goods and the stocking of the finished goods.

Explanation:

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