For a retail firm,it is unlikely that the working capital gap would change from period to period as a function of cyclical sales.

Question

Quizplus · Accepted Answer

The working capital gap is the difference between current assets and current liabilities, and it can change from period to period based on the level of sales and the timing of payments. In a retail firm, seasonal or cyclical sales can result in fluctuations in inventory levels, accounts receivable, and accounts payable, which can affect the working capital gap. Therefore, it is likely that the working capital gap would change from period to period as a function of cyclical sales.

For a Retail Firm,it Is Unlikely That the Working Capital