Question

what is the proper definition of Working Capital Class 9 Economics?​

Answer 1

• 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

Answer:

working capital is the capital which are required during production processes. It includes raw material and money in hand.

Explanation:

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