Final answer:
After obtaining a six-month bank loan, a firm's working capital will be higher because the loan increases current assets without an immediate increase in current liabilities.
Step-by-step explanation:
When a firm borrows money through a six-month bank loan, its working capital immediately after obtaining the loan would be higher compared to just before receiving the loan.
Working capital is defined as the firm's current assets minus current liabilities. By taking out a loan, the firm increases its current assets without an immediate increase in current liabilities, thus increasing its working capital.
However, this situation is temporary, as the loan will eventually need to be repaid, which will decrease the working capital at that time.
It's also important to note that while the working capital increases, this does not necessarily mean the firm's financial position is better, since they now have an obligation to repay the loan, and this could potentially increase their financial risk.