Use the table for the question(s) below.
DressUp! is a clothing retailer specializing in costumery.The financial forecast for a year is shown in the table above.All figures are in thousands of dollars.
-During which of the following months are the firm's working capital needs the greatest?
Definitions:
Rental Property
Real estate property that is leased or rented out to tenants, generating income for the owner.
Return Requirement
The minimum expected rate of return necessary for an investment to be considered worthwhile by an investor, reflecting the risk level.
Annual Cash Flows
The total amount of money being transferred into and out of a business over the course of a year, indicative of its operational efficiency and profitability.
Ordinary Annuity
A series of equal payments made at the end of consecutive periods over a fixed length of time.
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