Use the table for the question(s) below.
The quarterly working capital levels for Hasbeen Toys are presented in the following table (in $ millions):

-In which quarter are Hasbeen's seasonal working capital needs the smallest?
A) 1
B) 2
C) 3
D) 4

Question

Use the table for the question(s) below.
The quarterly working capital levels for Hasbeen Toys are presented in the following table (in $ millions):
 
-In which quarter are Hasbeen's seasonal working capital needs the smallest?
A) 1 
B) 2 
C) 3 
D) 4

Quizplus · Accepted Answer

A)
 11ea84dc_f4de_b8eb_9a63_4925a14b45e4_TB1316_00_TB1316_00 Working capital = Cash + AR + Inventory - AP.
Note quarter 1 has the lowest working capital needs.

Use the Table for the Question(s) Below