Question

The capital which is needed to meet the seasonal requirement of the business is called

Answer 1

$question -$
The capital which is needed to meet the seasonal requirement of the business is called.........?

$answer -$
Working capital....

It is capital used for business in meeting day to day activities of the business. It helps the business in meeting short term their needs.

Answer 2

Answer:

Working Capital is utilised to meet seasonal requirements of a business.

Explanation:

The amount which is used for the daily needs of the business is called working capital. The difference between the current assets (inventory, bills receivable, short term investments, cash and equivalents, etc.) and current liabilities (tax payable, interest payable, customer deposits, short term loans, etc.)It can be represented by the following formula,

$\text { Working Capital }=\text { Current Assets - Current Liabilities }$

It is the measure of the ability of the company to close the current liabilities with the help of current assets.