What is temporary working capital?
What will be an ideal response?
Answer: Temporary working capital is the difference between the actual level of investment in short-term assets and the permanent working capital investment. Because temporary working capital represents a short-term need, the firm should finance this portion of its investment with short-term financing.
You might also like to view...
Online advertising involves the following categories, except:
A) targeted ads B) banner ads C) classified ads D) search ads
Which characteristic of goal-setting theory states that in general, employees who participate with their managers with setting goals will have higher levels of performance and be more motivated to achieve the objectives?
A. specific goals B. difficult goals C. goal acceptance and commitment D. feedback
The process in which printed catalogs, brochures, samples, and DVDs are distributed to customers using highly selective mailing lists is known as ________
A) mass marketing B) direct-mail marketing C) telemarketing D) internal marketing E) kiosk marketing
Customer satisfaction is measured by the percentage of returned orders and the number of customer complaints
Indicate whether the statement is true or false