(c) State one advantage to a business of keeping its working capital cycle as short as pos

Question

(c) State one advantage to a business of keeping its working capital cycle as short as possible.

(2 Marks)

Answer 1

正确答案：
(c) The advantage to a company of keeping its working capital cycle short is that fewer resources are tied up in working capital,
thus freeing them for other purposes.
(Other answers considered on their merits)