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what is Working capital
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Working capital is the gap between current assets and
current liablities.
and it is calculated by the formula
=CA-CL
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / deepak sharma
Working capital is the capital which is required to carry
out dat to day operation of the enterprise. It is
calculated using the formula
WC= Current Assets - Current Liabilities
Total of Current Asset represent Gross Working capital.
Composition and quality of asset influence the working
capital requirement of a company.
| Is This Answer Correct ? | 1 Yes | 0 No |
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