How do you assess the amount of working capital required by a business unit? Describe in brief.
Answers
Answered by
2
Answer:
Working capital is calculated by using the current ratio, which is current assets divided by current liabilities. A ratio above 1 means current assets exceed liabilities, and generally, the higher the ratio, the better
Answered by
0
Answer:
Working capital is calculated by using the current ratio, which is current assets divided by current liabilities. A ratio above 1 means current assets exceed liabilities, and generally, the higher the ratio, the better.
Similar questions