When bank loan officers are evaluating the creditworthiness of a potential commercial borrower, they often look to

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When bank loan officers are evaluating the creditworthiness of a potential commercial borrower, they often look to the firm's net working capital balance as an indicator of the firm's overall liquidity. How is net working capital defined, and what does it tell loan officers about the liquidity of a firm?
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Financial Management Principles and Applications

ISBN: 978-0134417219

13th edition

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

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