Question

10Whatismeantbyworkingcapital? ​

Answer 1

Answer:

the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.

Answer 2

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.

Hope it helps you!