Use the Table for the Question(s) Below

question 60

Multiple Choice

Use the table for the question(s) below.
The quarterly working capital levels for Fancy Weddings Inc. are presented in the following table (in $ millions) :

-In which quarter are Fancy's seasonal working capital needs the greatest?

• A) 1
• B) 2
• C) 3
• D) 4

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Definitions:

Direct Labour

The workforce directly involved in the production of goods or the provision of services.

Cost Of Goods Sold

Expenses directly related to the production of a company’s merchandise for sale, including the cost of labor and materials.

Raw Materials

The basic material from which a product is made, typically used in the manufacturing or production process.

Indirect Cost

Expenses not directly linked to the production of goods or services, such as rent, utilities, and administrative salaries.