Which of the following would NOT be counted as part of working capital?
A) accounts payable
B) inventory
C) accounts receivable
D) equipment
E) cash
D
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Single sourcing for a product is used to
A) guarantee the supplier sufficient business when the supplier has to make a significant buyer-specific investment. B) ensure a degree of competition. C) ensure the possibility of a backup should a source fail to deliver. D) control all possible sources of supply in the market.
Sales prices of baseball cards from the 1960s are known to possess a right skewed distribution with a mean sale price of $5.25 and a standard deviation of $2.80. Suppose a random sample of 100 cards from the 1960s is selected. Describe the sampling distribution for the sample mean sale price of the selected cards
A) right skewed with a mean of $5.25 and a standard error of $0.28 B) normal with a mean of $5.25 and a standard error of $2.80 C) right skewed with a mean of $5.25 and a standard error of $2.80 D) normal with a mean of $5.25 and a standard error of $0.28