Question
A firm starts its year with positive net working capital. During the year, the firm acquires more short-term debt than it does short-term assets. This
A firm starts its year with positive net working capital. During the year, the firm acquires more short-term debt than it does short-term assets. This means that the ending net working capital must be negative.
Group of answer choices
True
False
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
