Quiz – T/F: Net operating working capital

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition and 10th Edition

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Determine

Net operating capital is defined as current assets minus the difference between current liabilities and notes payable. This, of course, assumes that the company does not have excess cash.

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  • Search Terms: a. b. false true "excess" and assets assumes between capital cash. current definition difference equal firm has is liabilities minus net no notes operating payable. that the this to working
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