An organization's working capital consists of:
A)Its checking accounts
B)Both checking and savings accounts
C)Bank accounts and other liquid assets
D)Coin and currency only

Question

Quizplus · Accepted Answer

Working capital of an organization includes its bank accounts and other liquid assets that can be quickly converted to cash to cover short-term liabilities and operations. This encompasses more than just checking or savings accounts, and also includes assets like marketable securities.

An Organization's Working Capital Consists Of