What are working capital?
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Working capital is the amount of cash a business can safely spend. It's commonly defined as current assets minus current liabilities. Usually working capital is calculated based on cash, assets that can quickly be converted to cash (such as invoices from debtors), and expenses that will be due within a year ...
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Working capital is a financial metric which represent operating liquidity available to the business oraganisation or the entity.including government entitlies.
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