Question
The Holiday Store is a retail firm that is only open in the weeks prior to major American holidays. The rest of the year the
"The Holiday Store" is a retail firm that is only open in the weeks prior to major American holidays. The rest of the year the store is closed to the public for instore and on line sales. The store is wellmanaged and manages to sell a very high percentage of its inventory each holiday season. The store's working capital gap is likely:
A. highest in the weeks leading up to times when it opens its doors to the public.
B. to be the same at any particular date during the year.
C. lowest in the weeks leading up to times when it opens its doors to the public.
D. highest when they close their doors following a holiday season.
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