2. The objectives of Working Capital management is not to have a proper balance between different components of Working Capital True False 3. Revenue Statement Ratios: Ratios calculated from the different items as appearing in the Profit & Loss True False 4. Working Capital of a business provides a continuous finance for purchasing raw materials and payment of wages and overheads until the cash is brought back into the business by way of sales realization. True False 5. Cash Flow Statement shows provides an appropriate information to the management as regards to the firm's ability to pay the cash dividend to its shareholders. True False

2. The objectives of Working Capital management is not to have a proper balance between different components of Working Capital True False 3. Revenue Statement Ratios: Ratios calculated from the different items as appearing in the Profit & Loss True False 4. Working Capital of a business provides a continuous finance for purchasing raw materials and payment of wages and overheads until the cash is brought back into the business by way of sales realization. True False 5. Cash Flow Statement shows provides an appropriate information to the management as regards to the firm's ability to pay the cash dividend to its shareholders. True False

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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