Question

What do you mean by working capital?

Answer 1

working capital means that kind of capital that can be used in one or two times in work and finished...

Answer 2

Working capital is the amount of a company's current assets minus the amount of its current liabilities. For example, if a company's balance sheet dated June 30 reports total current assets of $323,000 and total current liabilities of $310,000 the company's working capital on June 30 was $13,000.

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