The portion of a firm's current assets financed with long-term funds may be called
A) net working capital.
B) accounts receivable.
C) inventory.
D) working capital.

Name: The portion of a firm's current assets financed with long-term funds may be called A) net working capital. B) accounts receivable. C) inventory. D) working capital.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Net working capital is the portion of a firm's current assets that is financed with long-term funds, calculated as current assets minus current liabilities.

The Portion of a Firm's Current Assets Financed with Long-Term