Question

Working capital is raised through long term funds. True or False? give reason.​

Answer 1

Answer:

True: Working capital is required to meet day-to-day expenses. So, it is raised through short-term sources like trade credit , factoring, banks, commercial paper, etc.

Answer 2

Answer:

True

Explanation:

Working capital is required to meet day-to-day expenses. So, it is raised through short-term sources like trade credit , factoring, banks, ets.