Managing the firm's short-term financing activities is known as ________.

Question

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Working capital management involves managing a company's short-term financing activities, such as managing inventory, accounts receivable, and accounts payable to ensure that the firm has enough cash flow to meet its short-term obligations. Capital budgeting involves managing long-term investments in projects and assets, while capital structure refers to the mix of debt and equity financing used to finance a company's operations. Accounts receivable management is a specific aspect of working capital management that focuses on managing the collection of outstanding customer payments.

Managing the Firm's Short-Term Financing Activities Is Known as ________