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Yanely Gamez
on Dec 01, 2024

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Which of the following is not a part of working capital?

A) The short-term credit offered by a supplier.
B) The tax that is due within a year.
C) The cash held in the cash register for making change on a daily basis.
D) The building in which daily operations take place.

Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term financial health and operational efficiency.

Short-Term Credit

Loans or credit facilities intended to be repaid within a short period, typically less than one year, used for fulfilling immediate financial needs.

Daily Operations

The day-to-day activities necessary for a business to function smoothly, including production, sales, and administrative tasks.

  • Examine the elements and importance of working capital within financial activities.
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Nancy GibbonDec 02, 2024
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