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if Debtors payment is 60 days then what is working capital
of software company ???
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Answer Posted / vasu borada
yes i agree with the both but we cant assume being software
company nil suppliers and liabilities because they need
suppliers in other aspects. but as per accounting standard
we need to accept current ratio 2:1, because here working
capital is combination of C.A& C.L so i this question keep
remember every company require working capital so my answer
it depends because we are using the information which is
given in question so both will suppose say like this.
| Is This Answer Correct ? | 1 Yes | 0 No |
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