Of the accounts listed, the account(s) that is (are) NOT part of a firm's working capital is:
A)plant and equipment
B)marketable securities
C)cash
D)accounts receivable

Question

Quizplus · Accepted Answer

Plant and equipment are long-term assets that are used for production purposes and are not considered as part of a firm's working capital. Working capital usually refers to the short-term assets and liabilities that are required for daily operations, such as cash, marketable securities, accounts receivable, and accounts payable.

Of the Accounts Listed, the Account(s) That Is (Are) NOT