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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.

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

  1. Being a public utility service provider, it will need less working capital.
  2. Yes. Being a public utility service provider, it will need more fixed capital.
  3. BEST Brihanmumbai Electric Supply and Transport undertaking is an example of public utility service.
  Is there an error in this question or solution?
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 1 Introduction To Corporate Finance
Exercise Q.3 | Q 1 | Page 13
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