Question: Which statement about the working capital is correct? (a) It is the company's current assets that are bearing interest. (b) It is the company's liabilities
Which statement about the working capital is correct?
(a) It is the company's current assets that are bearing interest.
(b) It is the company's liabilities divided by its current assets.
(c) It is the limit of the amount that can be withdrawn at a cash point within 1 day.
(d) It describes the company's ability to pay its current obligations.
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