Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 4QTD
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Question
What is operating current assets?
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Definition & Explanation
Operating current assets are those short-term assets used to support the operations of a business. In most organizations, the key operating current assets are cash, accounts receivable, and inventory. Short-term assets that relate more to financing issues, such as marketable securities and assets held for sale, are not considered part of operating current assets.
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