what
is
working capital?
of economic
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Answered by
12
Answer:
the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
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Answered by
2
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
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