Shortage of working capital may
result in
O Poor credit standing
O More cash discount
O Good credit standing
O More trade discount
Answers
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Answer:
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The correct answer is Poor credit standing.
- Working capital is the difference between a company's current assets and current liabilities, such as cash, accounts receivable/unpaid customer invoices, raw materials, and completed goods inventories.
- Poor credit history may have many more ramifications than we think.
- Poor credit history will not only lead to higher interest rates and fewer loan possibilities, but it will also make it more difficult to find a home and acquire certain services.
- When we're looking for work, it could work against us.
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