Question

Networking capital refers to

Sales budget is a​

Answer 1

Answer:

Working capital, also known as net working capital (NWC), is the difference between a company's current assets, such as cash, accounts receivable (customers' unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable.Most financial advisors would suggest that if this ratio is less than 10%, then the business is in trouble, between 10 to 25% is average and over 25% is very good.

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