Define the Following Terms: Mercantilism

question 39

Short Answer

Define the following terms: mercantilism

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Definitions:

Temporary Working Capital

Funds a company temporarily needs to cover its short-term obligations.

Permanent Working Capital

The minimum amount of working capital a company needs to sustain its daily operations continuously.

Aggressive Working Capital Policy

A strategy involving higher levels of current assets relative to liabilities, aiming for growth but increasing liquidity risk.

Short Term Financing

Borrowing funds for a period typically less than one year, often used to cover gaps in cash flow or finance immediate expenses.