The data above shows the net working capital requirements for Blunderstone Shoes, a company that makes waterproof boots. All figures are in thousands of dollars. What can be considered the firm's permanent working capital?
Definitions:
Total Shutdown
A situation where an organization ceases all operations, often due to economic challenges, natural disasters, or strategic decisions.
Expected Monetary Value
A quantified financial analysis technique used to predict the overall outcome of a decision under uncertainty by multiplying possible outcomes by their probabilities and summing those values.
Supplier Diversification
The strategy of sourcing materials or products from a variety of suppliers to reduce risk and increase reliability in the supply chain.
Lowest Bid
In procurement and auctions, the smallest price offer received to perform a job or provide goods.
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