1. Which one of the following is defined as a firm’s short-term assets and its short-term liabilities?
1. Which one of the following is defined as a firm’s short-term assets and its short-term liabilities? A. working capitalB. debtC. investment capitalD. net capitalE. capital structure2. A business created as a distinct legal entity and treated as a legal “person” is called a: A. corporation.B. sole proprietorship.C. general partnership.D. limited partnership.E. unlimited liability company.3. Which one of the following is a capital budgeting decision? […]
