Question

13. What is meant by working capital
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Answer 1

Answer:

In an ordinary sense, working capital denotes the amount of funds needed for meeting day-to-day operations of a concern. ... Hence it deals with both, assets and liabilities—in the sense of managing working capital it is the excess of current assets over current liabilities.

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Answer 2

Explanation:

the capital of business which is used to day today training operators calculated the current assets minus the current liabilities

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