Sally’s business has already used up the bank overdraft limit of $1500$ and cannot settle its debts as they become due. Sally is thinking about these options. 1. requesting that the bank raises the overdraft limit to $2000$ 2. taking $2000$ from a relative and repaying it in six months 3. getting a $2000$ loan from the bank that is repayable in two years 4. transferring $2000$ from Sally’s personal bank account into the business bank account Which of these options would increase the business’s working capital?
- A1 and 2
- B1 and 4
- C2 and 3
- D3 and 4