The ratio of working capital to total capital investment for most chemical plants (except for non-seasonal based products) is in the range of _____________ percent ?
Correct answer: C. 10 to 20
- A. 0.1 to 1
- B. 1 to 2
- C. 10 to 20
- D. 50 to 60
Explanation
For most chemical plants, working capital is commonly estimated as roughly 10 to 20 percent of total capital investment. Seasonal products may require a different and generally larger inventory allowance.
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