what is the meaning of working capital? And what are its types?
Answers
Answered by
2
what is the meaning of working capital? And what are its types?
Answer:
=> ''Working Capital'' is a capital which is required to purchase or to meet daily day to day expenses.
=> There are 2 types of Working Capital,
a) Gross Working Capital
b) Net Working Capital
=> Gross Working Capital means the sum of all the current assets which a company possess.
for example - Stocks, Debtors, Cash etc.
=> Net Working Capital means the access of current assets over the current liabilities.
:)
Similar questions