Working capital refers to a firms long-term, Financial Accounting

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Working capital refers to a firms long-term

1. Working capital refers to a firm's long-term capital

True or False

2. Firms are able to reduce financing costs or increase the funds available for expansion by maximizing the amount of funds tied up in working capital.

True or False

3. The more predictable a firm's cash inflows, the more net working capital it will need

True or False

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Financial Accounting: Working capital refers to a firms long-term

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Financial Accounting: Working capital refers to a firms long-term

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