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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What do you mean by the working capital requirement of business? - Commerce

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Question

What do you mean by the working capital requirement of business?

Short Note

Solution

Working capital requirements include the purchase of raw materials, payment of salary and. wages, incurring operating expenses like telephone bills, carriage inward and outward, electricity charges, premium, stationery, etc.

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Meaning and Nature of Business Finance
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Chapter 19: Sources of Business Finance - Exercises [Page 201]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 19 Sources of Business Finance
Exercises | Q III. 5. | Page 201
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