Flip and match the terms

Exercise and reference answers

Matching pairs

1. A

   Gross working capital

   B

   Current assets

2. A

   Net working capital

   B

   Assets less liabilities

3. A

   Trade credit

   B

   Granted by the vendor

4. A

   Quick ratio

   B

   Leaves inventory out

5. A

   Days of inventory

   B

   Inventory conversion period

Instructions

Flip two cards at a time to find each matching pair.

Explanation