10Whatismeantbyworkingcapital?
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the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
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The capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
- It is a financial metric which represents operating liquidity available to a business, organisation, or other entity, including governmental entities.
- Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital.
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