Quiz Ch 15 – T/F Understanding Permanent Current Assets

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: Permanent current assets are a reflection of the fact that some components of current assets don't diminish to zero even during a business's seasonal or cyclical lows. Consequently, these permanent current assets signify a minimal level of current assets that necessitates funding.

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  • Search Terms: a. b. false true a assets at be business components concept current cyclical do even fact financed. is its level low. minimum must not of or permanent reflects represent seasonal shrink some that the thus, to when zero
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