Sarthaks Test
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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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1 Answer

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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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