Explain the difference between working capital and cash flow.
What will be an ideal response?
Working capital takes into account the difference of current assets and current liabilities and represents the firm’s ability to meet short-term obligations. Cash flow encompasses all of the firm’s sources and uses of cash during a period.
You might also like to view...
In the product development stage, consumer reaction to the physical product/service is determined.
Answer the following statement true (T) or false (F)
A drawee has primarily liability on a draft
a. True b. False Indicate whether the statement is true or false
Service organizations, by their nature, cannot have a balance in Work-in-Process Inventory.
Answer the following statement true (T) or false (F)
Title insurance will still cover a non?bona fide purchasers buyer.?
Indicate whether the statement is true or false