Answered: Choose from the following that is NOT a…

Choose from the following that is NOT a major element of the working capital cycle? A Long-term loan B Trade payables C Inventory D Cash

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter16: Capital Structure Decisions

Section: Chapter Questions

Problem 1Q

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5. Choose from the following that is NOT a major element of the working capital cycle?

A Long-term loan

B Trade payables

C Inventory

D Cash

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