The nature of working capital will vary depending upon the needs of the business.

Question

Quizplus · Accepted Answer

Working capital is the amount of cash and other liquid assets that a business has on hand to meet its short-term obligations. The amount and composition of working capital will depend on the specific needs of the business, such as the size and complexity of its operations, its level of debt and credit, and its overall financial goals. Therefore, the nature of working capital will vary depending upon the needs of the business.

The Nature of Working Capital Will Vary Depending Upon the Needs