The term "net working capital" means:

A) the firm's gross working capital minus spontaneous financing.
B) the firm's cash, accounts receivable, and inventory minus short-term payables and accruals.
C) the firm's current assets minus its current liabilities.
D) All of the above

Net Working Capital

The difference between a company's current assets and current liabilities.

Short-Term Payables

Liabilities owed by a company that are due within one year, often including accounts payable, wages, and taxes.

Gross Working Capital

The total amount of a company's current assets, which are assets likely to be converted into cash within one year.