. Funds required for purchasing current assets is an example of *
a. Fixed capital requirement
b. Ploughing back of profits
c. Working capital requirement
d. Lease financing
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Answer:
Working capital of an enterprise or a company are the funds which are used for holding current assets such as bills receivables, stock of materials and for meeting current expenses like taxes, wages, salaries and rent.
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Answer:
C.Working capital requirement
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