(a)[8]
Explain two reasons why working capital is significant to LB.
(b)[12]
Using Appendix 2 and other information, look at the three employees that LB could make redundant. Which employee should LB choose? Justify your answer. Naga; Reeta; Amy.
Business 0450 · IGCSE · Cash-flow forecasting and working capital
Explain two reasons why working capital is significant to LB.
Using Appendix 2 and other information, look at the three employees that LB could make redundant. Which employee should LB choose? Justify your answer. Naga; Reeta; Amy.
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “To meet everyday expenses / fixed costs / variable costs / overheads - if these costs cannot be paid then output cannot be produced - and no products could be made” …