Question
A firm should strive to maintain a net working capital that, at minimum, is equal to twice the amount of total liabilities that the
" A firm should strive to maintain a net working capital that, at minimum, is equal to twice the amount of total liabilities that the firm reported on their most recent balance sheet (Statement of Financial Condition)."
Do you agree or disagree? why?
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
