Which capital is known as working capital?
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The capital that is required for operating business, organisation or other entity, including governmental entities, or the capital that is used in day-to-day trading operations, which is calculated as the current assets minus the current liabilities, is known as working capital
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Answered by
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Answer:
Working capital is calculated as current assets-current liabilities. It can be thought as what amount of capital is required for the daily operations for the business. Both current assets and current liabilities can be found on the balance sheets.
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