Which of the following is a component of a firm's gross working capital?
A)Cash
B)Accounts payable
C)Fixed assets
D)a and b
E)All of the above

Question

Quizplus · Accepted Answer

Gross working capital refers to the total of a company's current assets, which includes cash but not accounts payable or fixed assets. Accounts payable are considered a current liability, and fixed assets are long-term assets, neither of which are included in gross working capital.

Which of the Following Is a Component of a Firm's