Chapter 15: Working Capital and Current Assets Management QUESTION 1 Dunia Corporation has the following working capital requirements for the coming six months of 2020: Month January February March April May June Working Capital Required $35,000 30,000 43,000 49,000 55,000 62,000 The cost of short term funds is 6% and cost of long term funds 10.5%. - The company can earn 6.5% returns on any surplus amount invested. Answer the following questions from the information given above: (a) What is the company's monthly average of the permanent working capital requirement? (b) What is the company's monthly average of the seasonal working capital requirement? (c) if Dunia management prefers the conservative approach to funding working capital requirements, what would be the cost of funding for Dunia