Respuesta :
Obtaining a 3-year loan and using the proceeds to buy inventory will reduce the working capital need of the firm. So, the correct option will be (a).
Working capital means the short-term funds that are required for day-to-day operations of an organization. Estimates of working capital are based on the range of assets and liabilities on a company's balance sheet. A corporation can benefit from understanding what kind of liquidity it will enjoy in the bearish term by focusing just on current debts and balancing these using the most liquid funds.
Working capital is another indicator of a business's operational effectiveness and immediate financial stability. A corporation may have the capacity to invest in expansion and development if it has a large positive net working capital. A corporation may struggle to expand or repay creditors if its current assets need not surpass its current liabilities. It may even file for bankruptcy.
Learn more about working capital here:
https://brainly.com/question/28391478
#SPJ4
