What is working capital ? What is the definition of working capital
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Answer:
Definition of Working Capital
The capital of a business which is used in its day to day trading operations, calculated as the current assests minus the current liabilities.
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Explanation:
Working capital is a financial metric which represents operating liquidity available to a business, organization, or other entity, including governmental entities. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital.
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