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HSM 543 WEEK 3 QUIZ (WITH ANSWERS) DeVry University

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Question 1 5 / 5 pts Question 2 5 / 5 pts HSM543 WEEK 3 QUIZ (WITH ANSWERS) DeVry University This attempt took 33 minutes. (TCO D) Working capital is cash and marketable equity of the organization. current assets less inventory. cash and accounts receivable. current assets. See Nowicki, page 197. (TCO D) Temporary working capital is not needed if the firm has a permanent working used by nonprofit organizations. less expensive than permanent working capital. Question 3 Not yet graded / 5 pts is the additional working capital needed to respond to seasonal fluctuations. See Nowicki, Chapter 8, page 100.

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