Permanent working capital ___________.
A. varies with seasonal needs.
B. includes fixed assets.
C. is the amount of current assets required to meet a firm's long-term minimum needs.
D. includes accounts payable.
Answer:C
Permanent working capital ___________.
A. varies with seasonal needs. B. includes fixed assets. C. is the amount of current assets required to meet a firm's long-term minimum needs. D. includes accounts payable.