What would you call a working capital
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Also called current capital. 2. Accounting: Net liquid assets computed by deducting current liabilities from current assets. The amount of available working capital is a measure of a firm's ability to meet its short-term obligations.
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Also called current capital. 2. Accounting: Net liquid assets computed by deducting current liabilities from current assets. The amount of available working capital is a measure of a firm's ability to meet its short-term obligations.
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HOPE YOU LIKE IT
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Answer:
Production requires a variety of raw materials such as yarn used by the weaver and the clay used by the potter. Also some money is also required during production to make payments and buy other necessary items. Raw materials and money in had are called as working capital.
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