Question

Excess of current assets over current liability is called networking
True or false

Answer 1

Answer:

▫️The formula for calculation of "Net working caThe formula for calculation of "Net working capital" is as follows:

▫️Net working capital = Total current assets - Total current liabilities

▫️Net working capital is the aggregate amount of all current assets minus current liabilities. It is used to measure the short-term liquidity of a business, and can also be used to obtain a general impression of the ability of a company management to utilize assets in an efficient manner.

Explanation:

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