purchase of plant will _____ working capital .a) increase b) decrease
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Answer:
increase is the answer
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Answer: b) decrease
Explanation:
Working capital is the cash accessible to meet your current, momentary commitments. To ensure your functioning capital works for you, you'll have to ascertain your ongoing levels, project your future necessities and consider ways of ensuring you generally have sufficient money.
Working capital, otherwise called net working capital (NWC), is the distinction between an organization's ongoing resources —, for example, cash, money due/clients' neglected bills, and inventories of unrefined substances and completed merchandise — and its ongoing liabilities, like records payable and obligations.
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