Definitions Flashcards

1
Q

Working capital definition?

A

Working capital, also known as net working capital, is the difference between a company’s current assets, like cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, like accounts payable.

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2
Q

Meaning of conflate?

A

combine (two or more sets of information, texts, ideas, etc.) into one.
“the urban crisis conflates a number of different economic, political, and social issues”

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