2. What is working capital ?
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Working Capital is basically an indicator of the short-term financial position of an organization and is also a measure of its overall efficiency. Working Capital is obtained by subtracting the current liabilities from the current assets. This ratio indicates whether the company possesses sufficient assets to cover its short-term debt.
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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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