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Persian Learner Posted 9 years ago
Grammar
Tie up capital working
Hi.
Cheap labour may make Chinese clothing competitive in America, but if delays in shipment tie up working capital and cause winter coats to arrive in spring, trade may lose its advantages.
What does the underlined part mean?
Cheap labour may make Chinese clothing competitive in America, but if delays in shipment tie up working capital and cause winter coats to arrive in spring, trade may lose its advantages.
What does the underlined part mean?
Top answer
Persian Learner What does the underlined part mean? Basically, it means the company waiting for the delayed shipment may be in trouble with regard to their flow of money. They have no product to sell.
- Persian Learner What does the underlined part mean?
- Basically, it means the company waiting for the delayed shipment may be in trouble with regard to their flow of money.
- They have no product to sell.
- It's still on the ship or waiting to be shipped, so they can't make any money by selling it.
- If they can't make money, they can't pay their bills.
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1 Answers
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Persian LearnerWhat does the underlined part mean?Basically, it means the company waiting for the delayed shipment may be in trouble with regard to their flow of money. They have no product to sell. It's still on the ship or waiting to be shipped, so they can't make any money by selling it. If they can't make money, they can't pay their bills. Their busin
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