Question

Theo's bbq has $48,000 in current assets and $39,000 in current liabilities. decisions related to these accounts are referred to as:_______.

Answer 1

Decisions related to these accounts are referred to as: working capital management

What is working capital?

Working capital is the capital used in the day-to-day running of the company , which is determined as the current assets minus the current liabilities

Basically, the decisions which impacted on both current assets and liabilities is referred to as working capital management, which is more about the company is about to use its near cash resources, current assets to repay company's current liabilities that fall due for payment.

Find out more about working capital on:brainly.com/question/19804046

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