What does the term "working capital" refer to?A) Long-term investments of the companyB) Total assets of the companyC) Current assets minus current liabilitiesD) Total liabilities of the company

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 17MC: Working capital is an indication of the firms ________. A. asset utilization B. amount of noncurrent...
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What does the term "working capital" refer to?
A) Long-term investments of the company
B) Total assets of the company
C) Current assets minus current liabilities
D) Total liabilities of the company

 

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