Difference between revisions of "Working capital"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Working capital]]. A firm's investment in short-term assets—cash, marketable securities, inventory, and accounts receivable. | :[[Working capital]]. A firm's investment in short-term assets—cash, marketable securities, inventory, and accounts receivable. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | : | ||
==Related concepts== | ==Related concepts== | ||
Revision as of 17:44, 1 November 2019
Working capital is a firm's investment in short-term assets—cash, marketable securities, inventory, and accounts receivable.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Working capital. A firm's investment in short-term assets—cash, marketable securities, inventory, and accounts receivable.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
