What do you think would be his working capital?
Answers
Answered by
45
the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
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14
Answer:
Working capital is the money available in day to day operation of a business.
Explanation:
This deals with short term accounts which include;cash,inventory,account receivable,account payable and dept due within a period of one year.The working capital measure a business operation liquidity,its efficiency and its general operations.Working capital is calculated by subtracting current liability from current assets.
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