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Q. Define Working Capital.
Ans. Introduction: - Working capital plays the similar role in the business as the role of heart in the human body. Just like heart gets blood as well as circulates the same in the body, in the similar way in working capital, funds are generated as well as then circulated in the business. As and when this flow stops the business becomes lifeless. Therefore prudent management of Working capital is necessary for the success of a business.
In US, savings and loan associations constitute the major originating group of the traditional loans. What types of properties can be mortgaged?
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A campany estimate a cash requirment of 900000 the opportunity interst eate is 9% per anual the transaction cost for borrowing or withdrawing fund is 264.5
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