Economics · Working Capital Management
Which of the following accurately describes temporary working capital?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Funds specifically utilized for purchasing heavy machinery
- 2Additional capital required to meet seasonal demands or temporary spikes in business activity✓
- 3Funds locked up long-term in core infrastructure projects
- 4The minimum capital required permanently for daily operations
Correct answer
Additional capital required to meet seasonal demands or temporary spikes in business activity
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