Question

What do you understand by the term working capital?

a) Knowledge and enterprise

b) Raw material and cash in hand

c) Agricultural Land

d) Tools and machinery ​

Answer 1

Explanation:

Definition. 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 ...

Answer 2

Answer:

working capital means Raw material and cash in hand.

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