What is the importance of the capital required for the operation of a company? I - It is directly linked to the operational and financial cycle. I...

The correct answer is:

c) Only I, IV, and V are correct.

Explanation:

I - It is directly linked to the operational and financial cycle: The capital required for the operation of a company is closely tied to the operational and financial cycle. It is necessary to have sufficient capital to fund various activities such as purchasing raw materials, paying for labor, producing goods or services, and collecting payments from customers.

II - It involves the definition of a minimum cash balance: Determining the minimum cash balance is an important aspect of managing the capital required for a company's operation. Maintaining an adequate cash balance ensures that the company can meet its short-term obligations, handle unexpected expenses, and take advantage of business opportunities.

III - It involves financing sales on credit: Financing sales on credit is not mentioned as a specific aspect of managing the capital required for a company's operation. While extending credit to customers can affect cash flow and working capital, it is not directly related to the importance of capital required for operations.

IV - It involves managing inventories of inputs, products in process, and finished products: Managing inventories is an integral part of managing the capital required for a company's operation. Efficient inventory management ensures that the company has sufficient stock to meet customer demand without tying up excessive amounts of capital in inventory.

V - It is not necessary to calculate the resources required for the formation of working capital: This statement is incorrect. Calculating the resources required for the formation of working capital is crucial for determining the amount of capital needed to sustain a company's operations. It involves analyzing various components such as accounts receivable, accounts payable, inventory levels, and cash flow to ensure that there is sufficient working capital to support the business.

Therefore, the correct options are I, IV, and V, making option c) the correct answer.