Accountancy, asked by chintan157, 3 months ago

Was BBC's working capital policy successful? why or why not?

Answers

Answered by mohammadjunaid9873

Answer:

No, BBC's Working Capital Policy was not successful. ... BBC's assets were more than its liabilities. These assets were mostly in the form of inventories and receivables. However, Trade Credit of the firm had become a major liability.

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