Which of the following is not a part of working capital?
A)The short-term credit offered by a supplier.
B)The tax that is due within a year.
C)The cash held in the cash register for making change on a daily basis.
D)The building in which daily operations take place.

Question

Quizplus · Accepted Answer

Working capital refers to the current assets and liabilities of a business. Short-term credit, taxes due within a year, and cash held in the cash register are all examples of current assets or liabilities that are included in working capital calculations. However, a building is a long-term asset and is not considered part of working capital.

Which of the Following Is Not a Part of Working