Management Notes

Reference Notes for Management

Permanent working capital ___________.

Permanent working capital ___________.

Permanent working capital ___________.

 Options:

A. varies with seasonal needs.
B. includes fixed assets.
C. is the amount of current assets required to meet a firm\s long-term minimum needs.
D. includes accounts payable.

The Correct Answer Is:

  • C. is the amount of current assets required to meet a firm\s long-term minimum needs.

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