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

1.	Which of the following would not be financed from working capital?A. Cash float.B. Accounts receivable.C. Credit sales.D. A new personal computer for the office.
Answer» D. 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.

Which of the following would not be financed from working capital?A. Cash float.B. Accounts receivable.C. Credit sales.D. A new personal computer for the office.

Answer»

D. 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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Which of the following would not be financed from working capital?A. Cash float.B. Accounts receivable.C. Credit sales.D. A new personal computer for the office.

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