the variety of material and money in hand during the process of production is known as
Answers
Answered by
4
Answer:
working capital
Explanation:
Answered by
3
Answer:
The raw materials and money in hand are known as working capital, which are used for production of commodities.
In other words, working capital is the cash available for funding daily operations of an organization.
It is also called as current capital.
The formula of working capital = current assets – current liabilities
Explanation:
Similar questions