Working capital
Revision as of 14:50, 27 October 2019 by Gary (talk | contribs) (Created page with "Working capital is a firm's investment in short-term assets—cash, marketable securities, inventory, and accounts receivable. ==Definitions== According to Financial M...")
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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
