Please Define the Following Key Terms

question 32

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Theodosius

---

Definitions:

Net Operating Working Capital

Net Operating Working Capital is the difference between a company's operating current assets and its operating current liabilities, indicating short-term financial health.

Capital Budgeting

The method of assessing and choosing long-term investments consistent with the objective of maximizing shareholder wealth.

Fixed Assets

Long-term tangible assets used in the operation of a business, such as buildings, machinery, and equipment, which are not intended for sale.

Initial Outlays

The initial investments required to start a project or purchase an asset, often including costs such as capital expenditure and working capital.