Question

what is closing capital



plzz write perfect definition​

Answer 1

Answer:

Closing Capital means: (a) Current Assets and Long-Term Prepaids, less (b) Total Liabilities, determined as of the close of business on the Closing Date.

Explanation:

hope this helps

Answer 2

Answer:

Closing Capital means:

(a) Current Assets and Long-Term Prepaids, less

(b) Total Liabilities, determined as of the close of business on the Closing Date.