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Which of the following would not be financed from working capital?

Which of the following would not be financed from working capital?

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Cash float; Accounts receivable; Credit sales; A new personal computer for the office

Asked by Mehtajimmit, Last updated: Dec 24, 2024

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mehtajimmit

mehtajimmit

mehtajimmit
Mehtajimmit

Answered Mar 24, 2018

A new personal computer for the office.

Cash float and accounts receivable/credit sales use up working capital which will eventually be returned. A personal computer is a piece of physical equipment which will be wholly used up and have little or no value at the end of its life.*##**##*
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