© examsnet.com
Question : 6
Total: 39
'Bharat Express' specialises in Courier Services. Its 'wide range of express package and parcel services' helps business firms to make sure that the goods are made available to the customers at the right place and at the right time.
State with reason, whether the working capital requirements of 'Bharat Express' will be high or low.
State with reason, whether the working capital requirements of 'Bharat Express' will be high or low.
Solution:
Working capital of Bharat Express will be low as it is a service provider firm and working capital of a service provider firm is usually 'low' because they 'do not have to keep inventory'.
© examsnet.com
Go to Question: