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Answer Posted / nurulla
According to usage working capital divided into two
categories they are
1) gross working capital
2) net working capital
Gross working capital: it means total investment in current
assets of the firm for the particular financial year.
Net working capital: it means excess investment in current
assets then current liabilities (nw= ca-cl)
| Is This Answer Correct ? | 7 Yes | 2 No |
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