Positive Working Capital Means ________

question 55

Multiple Choice

Positive working capital means ________ .

• A) the firm's current liabilities are large enough to pay off current assets
• B) the firm may need to borrow money from a commercial bank.
• C) the firm's current assets are large enough to pay off current liabilities
• D) none of the above

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Definitions:

Josef Stalin

Soviet leader from the mid-1920s until his death in 1953, known for his dictatorship, the establishment of a state-controlled economy, and political purges.

Harry S. Truman

The 33rd President of the United States, serving from 1945 to 1953, known for implementing the Marshall Plan to rebuild Europe’s economy after World War II, among other things.

George F. Kennan

An American diplomat and historian, best known for his role in defining the U.S. foreign policy approach of containment during the Cold War.

Western Europe

A region comprising the western part of Europe, often including countries such as France, Germany, the United Kingdom, and Italy, known for its developed economies and democratic governments.