Question: 1 Point Permanent current assets reflect the fact that current assets do not shrink to zero even when business is at a seasonal or cyclical

1

Point

Permanent current assets reflect the fact that current assets do not shrink to zero even when business is at a seasonal or cyclical low. Thus, permanent current assets represent a minimum level of current assets the firm must finance.

True

False

1 Point Permanent current assets reflect the fact that current assets

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