Question

what is the meant by wroking capital​

Answer 1

Answer:

Working capital, also known as net working capital (NWC), is the difference between a company's current assets, such as cash, accounts receivable (customers' unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable.

Answer 2

In an ordinary sense, working capital denotes the amount of funds needed for meeting day-to-day operations of a concern. ... Hence it deals with both, assets and liabilities—in the sense of managing working capital it is the excess of current assets over current liabilities.