Q2

Which of the following entities do you think would have the greatest proportion of working capital held as accounts receivable? Why? A. stallholder at a weekend market selling deserts B. hardware store C. local restaurant 7 i B 1 Dr The entity most likely to have the greatest proportion of working capital held as accounts receivable out of the entities above is: The reasons are: 'Entities must juggle the costs of holding cash with the costs of not having enough.' Explain the issues involved. 1 is B I The costs of holding cash could be: = The costs of not having enough cash could be