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Sierra Ferguson
on Dec 01, 2024

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Which of the following is a component of a firm's gross working capital?

A) Cash
B) Accounts payable
C) Fixed assets
D) a and b
E) All of the above

Gross Working Capital

The total of all current assets of a company, indicating the liquid resources available for day-to-day operations.

Accounts Payable

Liabilities of a business that represent its obligations to pay off a short-term debt to its creditors or suppliers.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be converted to cash in the short term.

  • Recognize and elucidate the elements of net working capital.
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Cherish BridgesDec 05, 2024
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