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