Small Business Management Study Set 2
Quiz 22: Managing the Firms Assets
Working-Capital Management Focuses on the Attractiveness of Long-Run Investment Opportunities
Working-capital management focuses on the attractiveness of long-run investment opportunities.
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Net working capital includes cash and accounts receivable, among other things.
A firm's working-capital cycle refers to the flow of cash to purchase and sell fixed assets.
The date on which accounts receivable are collected affects the working-capital cycle.
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