As Long as a Firm Is Generating Positive Net Income

question 137

True/False

As long as a firm is generating positive net income each year it need not be concerned with working capital management because it will always be able to meet all short-term liquidity needs.

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Bankruptcy Code

The collection of federal laws and regulations that govern the process of bankruptcy in the United States, as codified under Title 11 of the U.S. Code.

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