Question

Risk, as it relates to working capital, means that there is jeopardy to the firm for not maintaining sufficient current assets to __________. meet its cash obligations as they occur and take advantage of prompt payment discounts support the proper level of sales and take prompt payment discounts maintain current and acid-test ratios at or above industry norms meet its cash obligations as they occur and support the proper level of sales

Answer 1

Answer:

meet its cash obligations as they occur and support the proper level of sales 19.