Question

Working capital stands for______?
in short​

Answer 1

Answer:

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.

Answer 2

Wᴏʀᴋɪɴɢ ᴄᴀᴘɪᴛᴀʟ, ᴀʟsᴏ ᴋɴᴏᴡɴ ᴀs ɴᴇᴛ ᴡᴏʀᴋɪɴɢ ᴄᴀᴘɪᴛᴀʟ (NWC), ɪs ᴛʜᴇ ᴅɪғғᴇʀᴇɴᴄᴇ ʙᴇᴛᴡᴇᴇɴ ᴀ ᴄᴏᴍᴘᴀɴʏ's ᴄᴜʀʀᴇɴᴛ ᴀssᴇᴛs, sᴜᴄʜ ᴀs ᴄᴀsʜ, ᴀᴄᴄᴏᴜɴᴛs ʀᴇᴄᴇɪᴠᴀʙʟᴇ (ᴄᴜsᴛᴏᴍᴇʀs' ᴜɴᴘᴀɪᴅ ʙɪʟʟs) ᴀɴᴅ ɪɴᴠᴇɴᴛᴏʀɪᴇs ᴏғ ʀᴀᴡ ᴍᴀᴛᴇʀɪᴀʟs ᴀɴᴅ ғɪɴɪsʜᴇᴅ ɢᴏᴏᴅs, ᴀɴᴅ ɪᴛs ᴄᴜʀʀᴇɴᴛ ʟɪᴀʙɪʟɪᴛɪᴇs, sᴜᴄʜ ᴀs ᴀᴄᴄᴏᴜɴᴛs ᴘᴀʏᴀʙʟᴇ.