Business Studies, asked by rajg53003, 8 months ago

Explain the meaning of working capital and its two types.​

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Answered by purvaagrawal0504
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Answer:

Working capital is defined as the excess of current assets over current liabilities. It forms a part of the aggregate capital of the business. ... Therefore, working capital is a measure of business' liquidity position, operational efficiency, and short-term financial soundness

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