What Is Net Working Capital

question 12

Multiple Choice

What is net working capital?

• A)current liabilities minus current assets
• B)current assets minus net fixed assets
• C)current assets minus current liabilities
• D)net fixed assets minus long-term liabilities

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Definitions:

Void Ab Initio

A term meaning "void from the beginning," indicating that a contract or agreement was invalid from the start.

Straight Commission

A compensation model in sales where an employee's income is derived entirely from the commissions made on the sales they secure.

Compensation Plan

A structured pay system for employees that may include salary, bonuses, stock options, and other benefits.

Customer Service

The assistance and support provided by a company to the individuals who buy or use its products or services.