which of the following is a working capital for farmers
Answers
Answer: The working capital required by the farmer using modern farming methods are raw material and money. Money is always required during production to make payments and buy other necessary items.
Adequate working capital is critical for a farm business to meet cash flow obligations in a timely manner and perhaps to take advantage of early pay discounts on various crop and livestock production inputs
Explanation: Working Capital Examples
Spontaneous: It refers to the Funds which are easily available in market. Sundry Creditors. Bills Payable. Trade credit.
Short Term WC : Bills Discounting. Cash Credit. Bank OD. Commercial Paper. Inter Corporate Loans and Advances.
A Farmer manages farms, ranches, greenhouses, nurseries, and other agricultural production organizations. Farmers are involved in planting, cultivating, performing post-harvest duties, overseeing livestock, and supervising farm labor depending on the type of farm.
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