Business in Action (8th Edition)
Business in Action (8th Edition)
8th Edition
ISBN: 9780134129952
Author: Courtland L. Bovee, John V. Thill
Publisher: PEARSON
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Chapter 18, Problem 9QA
Summary Introduction

To discuss: Whether raising working capital by way of issuing a bond is wise for a young company which is still not achieved profitability but growing fast.

Working capital is the financial metric, which indicates the operating liquidity that is available to a business and it can be computed as current asset minus current liabilities.

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