correctly answered already passed
Net working capital is defined as: - correct answer ✔✔current assets minus current liabilities
The common set of standards and procedures by which audited financial statements are
prepared is known as the: - correct answer ✔✔Generally Accepted Accounting Principles
The percentage of the next dollar you earn that must be paid in taxes is referred to as: - correct
answer ✔✔The marginal tax rate
The cash flow related to interest payments less any new new borrowings is called the: - correct
answer ✔✔cash flow to creditors
Which one of the following statements concerning net working capital is correct? - correct
answer ✔✔Net working capital increases when inventory is sold for cash at a profit.
Which one of the following accounts is the most liquid? - correct answer ✔✔
Which one of these is most apt to be a fixed cost? - correct answer ✔✔
Which one of the following terms is denied as the management of a firm's long-term
investments? - correct answer ✔✔capital budgeting
Which one of the following terms is defined as the mixture of a firms debt and equity
finanacing? - correct answer ✔✔capital structure