Short-term assets and short-term liabilities are referred to as the firm's:
A)cash flow
B)capital budget
C)capital structure
D)working capital
E)financing mix

Question

Quizplus · Accepted Answer

Short-term assets and liabilities are used to determine working capital, which is the difference between current assets and current liabilities. Working capital is an important measure of a company's ability to meet its short-term financial obligations.

Short-Term Assets and Short-Term Liabilities Are Referred to as the Firm's