Posted: April 17th, 2017

Which of the following companies are likely to have high short-term financing needs? Why? A clothing retailer A professional sports team An electric utility

Which of the following companies are likely to have high short-term financing needs? Why?
A clothing retailer
A professional sports team
An electric utility
A company that operates toll roads
A restaurant chain
Sailboats Etc. is a retail company specializing in sailboats and other sailing-related equipment. The following table contains financial forecasts as well as current (month 0) working capital levels. During which months are the firm’s seasonal working capital needs the greatest? When does it have surplus cash?