Business 7115 · O Level · Cash-flow forecasting and working capital
Explain two reasons why working capital is significant for LB.
Using Appendix 2 and the other information, assess 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 day-to-day expenses / fixed costs / variable costs / overheads - if these costs cannot be met then output cannot be produced - and no products could be produced” …