Working capital management decisions include determining: Multiple Choice

1. the minimum level of cash to be kept in a checking account.

2. the best method of producing a product.

3. the number of employees needed to work during a particular shift.

4. when to replace obsolete equipment.

5. if a competitor should be acquired.

Question

Business

Giovanna Mcbride

28 July, 13:13

Working capital management decisions include determining: Multiple Choice

1. the minimum level of cash to be kept in a checking account.

2. the best method of producing a product.

3. the number of employees needed to work during a particular shift.

4. when to replace obsolete equipment.

5. if a competitor should be acquired.

+3

Answers (1)

Know the Answer?

Robertson · Answer 1

The best answer would be 1. the minimum level of cash to be kept in a checking account.

Explanation:

A Working capital management refers to the efforts of the management towards effective management of current assets and current liabilities. It ensures profitability and overall financial health for businesses.