Question

What is considered an application of working capital or funds?

a.

Profit from business operations

b.

Purchase of non-current assets

c.

Sale of non-current assets

d.

Dividend paid to shareholders

Answer: (b).Purchase of non-current assets Explanation:The purchase of non-current assets is considered an application of working capital or funds.

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Q. What is considered an application of working capital or funds?

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