Social Sciences, asked by shulu, 1 year ago

define working capital​

Answers

Answered by nandini5718
13
the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities

hope this is correct
Answered by queensp73
2

Hey Mate !

Working capital is the difference between a company's current assets, such as cash, accounts receivable and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable.

Working capital = Current Assets – Current Liabilities

Hope it helps u !

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