What is working capital
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Working capital (abbreviated WC) is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Gross working capital is equal to current assets. Working capital is calculated as current assets minus current liabilities.[1] If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit.
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THE CAPITAL OF A BUSINESS WHICH IS USED IN IT'S DAY TO DAY TRADING OPERATIONS, CALCULATED AS THE CURRENT ASSETS MINUS THE CURRENT LIABILITIES.
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