Which of the following is determinant of working capital? (1) Nature and size of business (2) Manufacturing cycle (3) Credit policy (4) Production policySelect the correct answer from the options given below.

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Which of the following is determinant of working capital?<br /> (1) Nature and size of business<br /> (2) Manufacturing cycle<br /> (3) Credit policy<br /> (4) Production policy<br />Select the correct answer from the options given below.