what would you call a working capital? explain with example.
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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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hlo mate here's your answer
Correct option is
D Raw Materials
Raw materials and money in hand are called working capital. Unlike tools, machines and buildings, these are used up in production.
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