The Data Above Shows the Net Working Capital Requirements for Flinder's

question 62

Multiple Choice

The data above shows the net working capital requirements for Flinder's Camping, a company that makes tents. All figures are in thousands of dollars. What can be considered the firm's permanent working capital?

• A) $390,000
• B) $510,000
• C) $720,000
• D) $1,030,000

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Definitions:

Mission Statement

An official overview of the goals and principles held by a corporation, institution, or person.

Business Model

A plan for making a profit by generating revenues that are greater than costs.

Core Values

Fundamental beliefs or principles that guide the behavior and decision-making processes within an organization.

Organization's Purpose

The fundamental reason for an organization's existence, often reflected in its mission and vision statements.