Net working capital is defined as
A. a ratio measure of liquidity best used in cross-sectional analysis.
B. the portion of the firm’s assets financed with short-term funds.
C. current liabilities minus current assets.
D. current assets minus current liabilities.
Answer:D
Net working capital is defined as
A. a ratio measure of liquidity best used in cross-sectional analysis. B. the portion of the firm’s assets financed with short-term funds. C. current liabilities minus current assets. D. current assets minus current liabilities.