Quiz Ch 15 – T/F Treatment of Construction Loan in Net Working Capital Calculation

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: When calculating net working capital, a firm that finances a new manufacturing plant with short-term loans intended to convert to first mortgage bonds upon completion would prefer to distinguish the construction loan from its current working capital liabilities.

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  • Search Terms: a. b. false true a and are associated be bonds calculating capital capital. completed, constructing construction converted current financing firm first from is it its liabilities loan loans, manufacturing mortgage net new plant scheduled separate short-term the to want when which with working would
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