Business Studies, asked by subho9094, 1 year ago

Explain the factors whick determine working capital of the firms

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Answered by Anonymous
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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.

Answered by AfreenMohammedi
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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.

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