Alarge amount of a typical financial manager's time is spent on working capital management. working capital policy involves two basic questions: (1) what is the optimal amount of each type of current asset for the firm to carry and (2) how should current asset holdings be financed? it's important to understand working capital terminology and the basic definitions. working capital is simply . is defined as current assets minus current liabilities. net operating working capital (nowc) is defined as current assets minus the difference between current liabilities and notes payable. nowc represents working capital used for purposes.

answer; the correct answer should be (demonstrations); good luck

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3