Working capital

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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

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