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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
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Select the correct answer from the options given below and rewrite the statement.
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Distinguish between the following.
Fixed Capital and Working Capital.
Distinguish between the following.
Fixed Capital and Working Capital