Working Capital Represents Assets That Support Day-To-Day Operating Activities

Multiple Choice

Working capital represents assets that support day-to-day operating activities. Funding working capital requires:

A) a commitment of capital (money) for a short time, i.e. a time comparable to the period for which working capital assets are held.
B) a more or less permanent investment of funds to support ongoing daily operations.
C) a commitment to allocate funds annually from the firm's capital budget.
D) All of the above