________ capital is the pool of temporary funds of the business used to support the normal operation of the business on a short-term basis.
A)Growth
B)Fixed
C)Equity
D)Working

Question

Quizplus · Accepted Answer

Working capital refers to the funds that are necessary to support the day-to-day operations and expenses of the business. It includes things like inventory, accounts receivable, and other short-term assets, as well as short-term liabilities such as accounts payable and short-term debt. Working capital is important because it enables a business to pay its bills, manage its cash flow, and operate on a day-to-day basis.

________ Capital Is the Pool of Temporary Funds of the Business