Working capital management:
A) Ensures that sufficient equipment is available to produce the amount of product desired on a daily basis.
B) Ensures that long-term debt is acquired at the lowest possible cost.
C) Ensures that dividends are paid to all stockholders on an annual basis.
D) Balances the amount of company debt to the amount of available equity.
E) Concerned with having sufficient funds to operate the business on a daily basis.

Question

Quizplus · Accepted Answer

Working capital management focuses on managing the day-to-day financial operations of a company, ensuring there are enough funds to cover short-term expenses and operations.

Working Capital Management