what is working captital
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working capital is also known as net working capital is the difference between a camping's current assets like cash , account receivable and inventories of raw materials and finished goods and it's current liabilities like accounts payable
working capital=current assets-current liabilities
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working capital=current assets-current liabilities
I hope this answer may help you
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Explanation:
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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