Social Sciences, asked by Jimmy1111, 1 year ago

What is working capital ? What is the definition of working capital

Answers

Answered by Saharshthegreat
58
The cash available for day-to-day operations of an organization. Strictly speaking, one borrows cash (and not working capital) to be able to buy assets or to pay for obligations. Also called current capital.
Answered by abinhassan
2

Answer:

the cash available for day-to-day operations of an organization. Strictly speaking, one borrows cash (and not working capital) to be able to buy assets or to pay for obligations. Also called current capital.

Explanation:

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