Positive working capital for a firm implies:
a.the firm has no short-term debt.
b.the firm has no seasonal cash flow needs.
c.that current assets are completely financed by current liabilities.
d.the firm has no long-term debt.
e.that current assets are partially financed by long-term debt and equity.

Question

Quizplus · Accepted Answer

The Answer of Positive working capital for a firm implies:
a.the firm has no short-term debt.
b.the firm has no seasonal cash flow needs.
c.that current assets are completely financed by current liabilities.
d.the firm has no long-term debt.
e.that current assets are partially financed by long-term debt and equity.

Positive Working Capital for a Firm Implies