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Greater the size of a business unit ________ will be the requirements of working capital.
Answer & Solution
Correct Answer:
Option
A
Greater the size of a business unit larger will be the requirements of working capital. Working capital, also known as net working capital (NWC), is the difference between a company's current assets, such as cash, accounts receivable (customers' unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable.
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