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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What do you mean by the working capital requirement of business? - Commerce

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Question

What do you mean by the working capital requirement of business?

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Solution

Working capital requirements include the purchase of raw materials, payment of salary and. wages, incurring operating expenses like telephone bills, carriage inward and outward, electricity charges, premium, stationery, etc.

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Chapter 19: Sources of Business Finance - Exercises [Page 201]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 19 Sources of Business Finance
Exercises | Q III. 5. | Page 201
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