b) Study the following case/situation and express your opinion. (04)
1) The management of ‘Maharashtra State Road Transport Corporation., wants to
determine
the size of working capital.
a) Being a public utility service provider, will it need less working capital or more?
b) Being a public utility service provider, will it need more fixed capital?
c) Give one example of public utility service that you come across on day to day basis.
2) The Balance Sheet of Micky Company for the year 2018-19 reveals equity shares capital
of
Rs.25,00,000 and retained earnings of Rs. 50,00,000
a) Is the company financially sound?
b) Can the retained earnings be converted into capital?
c) What type of source retained earnings is?
Share
Answer:
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