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प्रश्न
Explain the following term/concept:
Production Cycle
उत्तर
The process of converting raw material into finished goods is called the production cycle. If the period of the production cycle is longer, then the firm needs more amount of working capital. If the manufacturing cycle is short, it requires less working capital.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
When the population is increasing at high rate, certain manufacturers find this as an opportunity to ______ business.
Select the correct answer from the options given below and rewrite the statement.
The sum of all ______ is gross working capital.
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The sum of current assets.
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Answer in one sentence.
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Fixed capital
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Fixed Capital and Working Capital.