Which of the Following Describes Working Capital

question 67

Multiple Choice

Which of the following describes working capital?

• A) Current assets minus merchandise inventory
• B) Current assets minus current liabilities
• C) Total debt minus stockholders' equity
• D) Cost of goods sold divided by average merchandise inventory

---

Definitions:

Peripheral Route

A method of persuasion that relies on superficial cues rather than the merit of the argument itself, often found in the Elaboration Likelihood Model of persuasion.

Sleeper Effect

A delayed increase in the persuasive impact of a message, where its influence grows stronger with time after its initial presentation.

Discontinuity Effect

The finding that groups are more extreme, and often more hostile, than individuals.

Pique Technique

A persuasion strategy that aims to capture people's interest by making a unique or unusual request.