A firm's working capital is its ________. A) inventory and ...

[sam.t96]

A firm's working capital is its ________.
 
  A) inventory and accounts receivable minus its current liabilities
  B) current assets minus its current liabilities
  C) total assets minus its total liabilities
  D) cash and cash equivalents minus its current liabilities
  E) accounts receivable minus its total accounts payable

Question 2

According to the textbook, the toughest decisions regarding business growth are made in the ________ stage of the organizational life cycle.
 
  A) introduction
  B) early growth
  C) continuous growth
  D) maturity
  E) decline

[SVictor]

Answer to Question 1

B

Answer to Question 2

C

[sam.t96]

Excellent

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