Question
Which one of the following statements concerning net working capital is correct? a) Net working capital must be a positive value. b) Total assets must
- Which one of the following statements concerning net working capital is correct?
- a) Net working capital must be a positive value.
- b) Total assets must increase if net working capital increases.
- c) A decrease in the cash balance also decreases net working capital.
- d) Net working capital is the amount of cash a firm currently has available for spending.
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
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