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  3. "net working capital" means: a.current assets cu

"Net working capital" means: a.Current assets Current Liabilities. b.Fixed assets + Current assets....

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Question

Accounting

"Net working capital" means:

a.Current assets Current Liabilities.

b.Fixed assets + Current assets.

c.Fixed assets - Current assets.

d.Current asses + Current liabilities.

Which one of the following does not effect on the cash conversion cycle?

a.Finished products sold on credit.

b.Procurement of raw materials on credit

c.Labour converts materials to finished products

d.Purchased the fixed assets through long term finance

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