Question

State why working capital needs for a service industry are different from that of manufacture industry

Answer 1

Service industry include services regarding the transportation of manufactured goods while manufacturing industry includes all the processes of manufacturing a raw material and making it a product to sell in the market

service industry needs different types of capital then from that of manufacturing industry ...

So the working capital needs for a service industry are different from manufacture industry....

Answer 2

Explanation:

Financial Management. State why the working capital needs for a 'Service-industry' are different from that of a Manufacturing industry. Service industries require no inventory and manufacturing process, hence, require less working capital. ... Market price of the shares is the index of the capital invested.