What does working capital measure?
[Related to the Chapter Opener on page 2] According to an article on reuters.com, Fiat Chrysler Automobiles, the firm that sells Dodge and Chrysler cars and trucks in the United States, decided to invest $1 billion to modernize two of its U.S. production plants. The article described the possible effect of President Trump’s trade policies on Fiat Chrysler’s decision.
The article also implied that Fiat Chrysler’s decision might have been affected by the possibility that the Trump administration will relax environmental regulations, such as a rule requiring companies to increase their cars’ miles per gallon, and attempt to reduce the taxes corporations pay on their profits. Why would these two factors affect Fiat Chrysler’s decision?
Why do renters need insurance?
What is the chief duty of a governor?
