Question

When activity is at higher level, the concern needs more working capital, which is known as ____

Answer 1

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HERE IS UR ANSWER

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When activity is at higher level, the concern needs more working capital, which is known as __advisory innovation__

Answer 2

TEMPORARY WORKING CAPITAL

When activity is at higher level, the concern needs more working capital, which is known as TEMPORARY WORKING CAPITAL.

GETTING TO KNOW MORE ABOUT TEMPORARY WORKING CAPITAL:

* It's also known as variable working capital, and it's the amount a company needs in addition to its fixed counterpart. It has to do with a company's output volume. Working capital requirements may vary throughout the year as sales and output fluctuate.

* The season has a big impact on production and sales. A company's revenues may be much greater during certain seasons than throughout the rest of the year. If you operate a clothes store, for example, there will be a lot of demand over the holiday season. The amount needed to meet that demand is known as seasonal working capital.