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COMMERCE 7100

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im atempted 2,3,4 and 6.. yeah working capital. one
What was the exact question btw.
It was
a, what is working capital used for
b, how can it be increased
Right? A friend of mine says that part 'a' was "what is meant by working capital?"
Is he right:'( I will be loosing my two marks if he is. As I wrote the uses in part a
 
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What was the exact question btw.
It was
a, what is working capital used for
b, how can it be increased
Right? A friend of mine says that part 'a' was "what is meant by working capital?"
Is he right:'( I will be loosing my two marks if he is. As I wrote the uses in part a
it was exactly as so.. i write that working capital is used to pay for expenses and to expand the business.
while it can be increased with overdraft in longterm and by reducing creit period.
 
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