Sonali owns and operates a womens clothing and apparel store that has the following current assets and
liabilities: a) Cash Rs.10,000 b) Accounts Receivable Rs.5,000 c) Inventory Rs.15,000 d) Accounts Payable Rs.7,500
e) Accrued Expenses Rs.2,500 f) Other Trade Debt Rs. 5,000 What will be her net working capital?
Answers
Answered by
0
Answer:
300000
Step-by-step explanation:
thirty lakh working on the surface of the step of luck for checking
Answered by
0
We will understand in explanation about cash flow, assets and inventory.
Step-by-step explanation:
Current assets are a measure of a company's ability to pay current creditors with receivables, which is a sustainability statistic.
This indication is critical for suppliers and general creditors since it demonstrates the company's short-term liquidity and management's capacity to effectively employ its assets.
Creditors and suppliers have a right to know how much cash is available now, or how much cash will be available this year, to pay for liabilities due in the next 12 months.
Similar questions