What Is Temporary Working Capital

Multiple Choice

What is temporary working capital?

A) the amount that a firm must keep invested in its short-term assets to support its continuing operations
B) the difference between the actual level of investment in short-term working capital needs and its permanent working capital investment
C) the amount that a firm keeps invested in its short-term assets to support its continuing operations which are financed by short-term debt
D) the amount that a firm keeps invested in its short-term assets to support its continuing operations which are financed by long-term debt