Taken together, receivables, payables, inventory and bank are often referred to as:
A) Equity
B) Cash Flow
C) Statement of Financial Position
D) Working Capital

Question

Quizplus · Accepted Answer

Working capital refers to a company's current assets minus its current liabilities, which often includes receivables, payables, inventory, and cash/bank balances. It is a measure of a company's liquidity and operational efficiency.

Taken Together, Receivables, Payables, Inventory and Bank Are Often Referred