Question

Neelabh is engaged in 'Transport Business and transports fruits and vegetables to
different states. Stating the reason in support of your answer, identify the working
capital requirements of Neelabh.
Neelabh also wants to expand and diversify his transport business, explain any two
[CBSE 2012
factors that will affect his fixed capital requirements.
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Answer 1

Explanation:

Neelabh is engaged in 'Transport business' and transports fruits and vegetables to different states. Stating the reason in support of your answer, identify the working capital requirements of Neelabh. Neelabh also wants to expand and diversity his transport business.