Most firms of any size need working capital which includes the following except
A) owner's equity
B) accounts receivable
C) cash
D) inventories

Question

Quizplus · Accepted Answer

Working capital is the difference between current assets and current liabilities, and it is used to finance the day-to-day operations of a business. Owner's equity is a long-term source of capital and not a part of working capital. Accounts receivable, cash, and inventories are all components of working capital.

Most Firms of Any Size Need Working Capital Which Includes