Which of the following would not be financed from working capital?
(A) Cash float.
(B) Accounts receivable.
(C) Credit sales.
(D) A new personal computer for the office.
Answers
Answered by
2
Answer:
b is the answer
hope you like it
Answered by
0
Answer:
A personal computer for the office would not be financed from working capital.
Explanation:
A financial indicator called working capital measures the operating liquidity that a company, organisation, or other body, including a government entity, has available to it.
Working capital is seen as a component of operational capital, along with fixed assets like plant and equipment.
Conclusion:
In here, personal computer will be for the personal use of the employee therefore, it cannot be financed under company's working capital.
Similar questions