What is meant by working captial?
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Raw materials and money in hand are thus called working capital. Tools, machines, buildings etc. are called fixed capitaland these can be used in production over many years. On the other hand, raw materials and money in hand, which are calledworking capital, are used up in production.
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Working capital (abbreviated WC) is a financial metric which represents operating liquidity available to a business, organization, or other entity, including governmental entities.
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