What is the term that refers to a firm's stock of cash,marketable securities,accounts receivable,and inventories?

Question

Quizplus · Accepted Answer

Working capital is the term that refers to a firm's stock of cash, marketable securities, accounts receivable, and inventories. It represents the funds that a company has available to finance its daily operations and to meet its short-term liabilities. Therefore, working capital is a crucial financial metric that measures a company's liquidity and ability to pay its bills on time.

What Is the Term That Refers to a Firm's Stock