What Is Temporary Working Capital

question 101

Multiple Choice

What is temporary working capital?

• A)the amount that a firm must keep invested in its short-term assets to support its continuing operations
• B)the difference between the actual level of investment in short-term assets and the amount that a firm must keep invested in its short-term assets to support its continuing operations
• C)the amount that a firm keeps invested in its short-term assets to support its continuing operations which are financed by short-term debt
• D)the amount that a firm keeps invested in its short-term assets to support its continuing operations which are financed by long-term debt
• E)the amount that a firm keeps invested in its short-term assets which is financed by debt