Final answer:
Accounts receivables are an item of working capital because they represent current assets that are expected to be turned into cash within a year, thus affecting a company's short-term financial health.
Step-by-step explanation:
Out of the given options, accounts receivables is an item of working capital. Working capital refers to the assets and liabilities that are used in the day-to-day operations of a business. Accounts receivables represents the amount of money owed to the company by its customers for goods or services provided on credit. It is considered a current asset and is an important component of a company's working capital.
The working capital of a company consists of its current assets minus its current liabilities. It effectively measures a company's liquidity and short-term financial health. Of the options provided (a) Fixed assets, (b) Long-term investments, (c) Accounts receivables, and (d) Bonds payables, the correct answer is c) Accounts receivables.
This is because accounts receivables represent money owed to the company by customers who have bought goods or services on credit. This is a current asset that is expected to be converted into cash within a short period, typically one year or less, and is a key component of working capital.
It differs from fixed assets and long-term investments, which are not intended for sale in the normal course of business, and bonds payables, which are a type of long-term debt and thus a liability rather than an asset.