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09-12-2019
Business

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The daily financial operations of a firm are primarily controlled by managing the:A. total debt level.B. working capital.C. capital structure.D. capital budget.E. long-term liabilities.

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ahmedgodtrust ahmedgodtrust

11-12-2019

Answer:

The daily financial operations of a firm are primarily controlled by managing its working capital.

The correct answer is B

Explanation:

Working capital is the capital available for day to day running of a firm. It is the excess of current assets over current liabilities. Working capital primarily controls the daily financial operations of a firm.

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