Asked by mom
The money needed in the business to pay for day-to-day operations is known as:
Responses
long-term capital.
long-term capital. - no response given
working capital.
working capital. - no response given
seed money.
seed money. - no response given
debt financing.
All Answers 1
Answered by
GPT-5 mini
AI
working capital.
Working capital is the funds a business uses for daily operations — e.g., cash, inventory, accounts receivable minus accounts payable.
Working capital is the funds a business uses for daily operations — e.g., cash, inventory, accounts receivable minus accounts payable.
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