All of the following are part of working capital except
A)accounts receivable.
B)mortgage.
C)inventory.
D)cash.
E)none of the above.

Question

Quizplus · Accepted Answer

Working capital refers to the funds available for a company's day-to-day operations, and includes assets such as accounts receivable, inventory, and cash. Mortgage is not a part of working capital as it is a long-term liability used to finance a company's fixed assets such as buildings or equipment.

All of the Following Are Part of Working Capital Except