πŸ“Š Management Accounting
Q. Permanent working capital ___________.
  • (A) varies with seasonal needs.
  • (B) includes fixed assets.
  • (C) is the amount of current assets required to meet a firm\s long-term minimum needs.
  • (D) includes accounts payable.
πŸ’¬ Discuss
βœ… Correct Answer: (C) is the amount of current assets required to meet a firm\s long-term minimum needs.

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