Multiple Choice
Match the term with its definition.
-A measure of a company's liquidity, equal to current assets less current liabilities
A) cash budget
B) line of credit
C) net working capital
D) percentage-of-sales technique
E) pro forma financial statements
F) spontaneous debt financing
Correct Answer:
Verified
Correct Answer:
Verified
Q19: Jill's business has current assets of $50,000
Q20: Match the term with its definition.<br>-Short-term debts,
Q21: High-tech businesses (such as computer manufacturers) generally
Q22: Briefly describe what a cash budget is
Q23: Yvonne is planning a coffee shop. The
Q25: David has a company that decorates houses
Q26: Projecting financials may present a challenge because
Q27: Briefly describe working capital and net working
Q28: Marcia likes to use other people's money
Q29: Bettina plans to draw an income from