SmartBook – Basic balance sheet identity can be written as
Essentials of Corporate Finance
Ross, Westerfield, and Jordan
10th Edition
Net working capital + Fixed Assets = Long-term Debt + _____.
Net working capital + Fixed Assets = Long-term Debt + _____.
Current assets will be turned into cash within what timeframe?
What do we call activities of the firm that increase cash?
We know that short-term financing deals with current assets and current liabilities. What does long-term finance deal with?
What is short-term finance primarily concerned with?
Current liabilities are liabilities that are expected to require cash payment within one year.
The main concerns in short-term finance are the company’s ____ and financing activities.