Working capital management involves managing a company's short-term assets and liabilities in order to ensure...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Working capital management involves managing a company's short-term assets and liabilities in order to ensure its smooth operations and financial health. It primarily focuses on maintaining optimal levels of current assets, such as cash, accounts receivable, and inventory, while efficiently managing current liabilities, such as accounts payable and short-term debt. The goal of effective working capital management is to maximize liquidity, minimize costs, and optimize profitability.
Question: Which of the following is NOT a primary objective of working capital management?
A) Maximizing liquidity B) Minimizing costs C) Maximizing long-term investments D) Optimizing profitability
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
