which of the following is the working capital..a) machines b) cash c) tool d)building
Answers
Answered by
2
Answer:
cash is a working capital
Explanation:
This is because cash, especially in large amounts, is invested by firms in treasury bills, short term government securities or commercial paper. ... Unlike inventory, accounts receivable and other current assets, cash then earns a fair return and should not be included in measures of working capital
Similar questions