Question
Permanent working capital is: 1. The amount of funds that are required in the seasonal and or cyclical demand of goods and services 2. The
Permanent working capital is:
| 1. | The amount of funds that are required in the seasonal and or cyclical demand of goods and services | |
| 2. | The amount of funds that are required to satisfy demand of goods and services at its lower point | |
| 3. | The amount of funds that are required to purchase long term assets | |
| 4. | The amount of funds that are required to pay long term liabilities |
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
