(a)[8]
Explain two reasons that show why KAT needs enough working capital.
(b)[12]
Using Appendix 3 and the other information, assess KAT’s three vehicles. Which one should Kris and Anaa choose to sell? Support your answer.
Business 7115 · O Level · Cash-flow forecasting and working capital
Explain two reasons that show why KAT needs enough working capital.
Using Appendix 3 and the other information, assess KAT’s three vehicles. Which one should Kris and Anaa choose to sell? Support your answer.
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “So it can meet everyday expenses such as fixed and variable costs” …