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Question
Select the correct answer from the options given below and rewrite the statement.
The sum of all ______ is gross working capital.
Options
expenses
current assets
current liabilities
Solution
The sum of all current assets is gross working capital.
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Answer in one sentence.
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Fixed capital stays in the business almost permanently.
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Liberal credit policy creates a problem of bad debts.
Liberal credit policy creates a problem of bad debts.
