Higher advances collected from the
Customers would mean the company
will need
working capital,
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1
Explanation:
Working capital is a daily necessity for businesses, as they require a regular amount of cash to make routine payments, cover unexpected costs, and purchase basic materials used in the production of goods.
Answered by
0
Answer:
Working capital is the money used to cover all of a company's short-term expenses, which are due within one year.
Working capital is the difference between a company's current assets and current liabilities.
Working capital is used to purchase inventory, pay short-term debt, and day-to-day operating expenses.
Working capital is critical since it's needed to keep a business operating smoothly.
Explanation:
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