Seasonal peaks in business are supported by:
A)permanent working capital.
B)long-term financing.
C)temporary working capital.
D)discretionary financing.

Question

Quizplus · Accepted Answer

Seasonal peaks in business require temporary working capital to cover the increased expenses and inventory needed during the peak period. Permanent working capital and long-term financing are not suitable sources for temporary increases in working capital. Discretionary financing is not a recognized term in finance.

Seasonal Peaks in Business Are Supported By