Question

what is meant by working capital n points..?

Answer 1

working capital is required for daily operating expenses, w.c = CA- CL

Answer 2

Working capital is the amount of money require by an organization to run the activities of the organization smoothly. Right from the start of assembling the raw materials, putting the human capital in order, ensuring that the machines are in order, provision of water and provision of electricity are among the roles that occur in any production factory. The money required to fund all these activities is known as the working capital.

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