define working capital
Answers
Answered by
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
hope this is correct
Answered by
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 !
Similar questions