Which of the following is a component of a firm's working capital account?
A) long-term loans
B) debentures
C) inventory
D) mortgage bonds
E) convertible bonds

Question

Quizplus · Accepted Answer

A)The working capital accounts represent a firm's cash on hand as well as economic value that can be converted to cash (inventory)or is expected from customers (accounts receivable), minus what it is scheduled to pay out (accounts payable).
B)The working capital accounts represent a firm's cash on hand as well as economic value that can be converted to cash (inventory)or is expected from customers (accounts receivable), minus what it is scheduled to pay out (accounts payable).
C)The working capital accounts represent a firm's cash on hand as well as economic value that can be converted to cash (inventory)or is expected from customers (accounts receivable), minus what it is scheduled to pay out (accounts payable).
D)The working capital accounts represent a firm's cash on hand as well as economic value that can be converted to cash (inventory)or is expected from customers (accounts receivable), minus what it is scheduled to pay out (accounts payable).
E)The working capital accounts represent a firm's cash on hand as well as economic value that can be converted to cash (inventory)or is expected from customers (accounts receivable), minus what it is scheduled to pay out (accounts payable).

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