what do you meant by 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, and expenses that will be due within a year
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hope it helps you..
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9
Explanation:
the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities are called working capital
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