Study the following case/situation and express your opinion. The management of 'Maharashtra State Road Transport Corporation', wants to determine the size of working capital. Being a public utility service provider, will it need less working capital or more? Being a public utility service provider, will it need more Fixed Capital? Give one example of public utility service that you come across on day-to-day basis.

Being a public utility service provider, it will need less working capital. Yes. Being a public utility service provider, it will need more fixed capital. BEST Brihanmumbai Electric Supply and Transport undertaking is an example of public utility service.

Study the following case/situation and express your opinion. The management of Maharashtra State Road Transport Corporation', wants to determine the size of working capital. - Secretarial Practice

Short Note

Study the following case/situation and express your opinion.

The management of 'Maharashtra State Road Transport Corporation', wants to determine the size of working capital.

Being a public utility service provider, will it need less working capital or more?
Being a public utility service provider, will it need more Fixed Capital?
Give one example of public utility service that you come across on day-to-day basis.

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Solution

Being a public utility service provider, it will need less working capital.
Yes. Being a public utility service provider, it will need more fixed capital.
BEST Brihanmumbai Electric Supply and Transport undertaking is an example of public utility service.

Concept: Corporate Finance

Is there an error in this question or solution?

Chapter 1: Introduction To Corporate Finance - Exercise Q.3 [Page 13]

Q 1 Q 4 Q 2

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