Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / lokesh bhamu
working capital is capital required for day to day operation of a firm including daily wages, short term needs, other expenses and current liabilities. working capital amount depend on cash cycle. shorter the cash cycle lesser working capital required as same capital can rotated. higher working capital compared to industry average indicates that large amount of assets invested as current assets and may not be beneficial for firm.
it is deference of current assets and current liability but some time it consider only amount invested in current assets(gross working capital).
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
Tell me what is reversing journal entries?
Tell me what steps would you take to increase revenue for this company?
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
How is the accounting for hire purchase transactions done?
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
what is the basic difference between pooling of interest method and purchase method in amalgamation
What is the double entry system explain its rules with examples?
I select in Vendor Master - in defualt data material - Purchasing Group as a Subcontractor but how to get report or list only Subcontractor Vendor Master in sap?
how to do asset appreciation in sap?
What accounts are to be debited and credited in this case o
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
What is the difference between accrual
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
Tell me did you use accounting applications at your previous companies or prefer working manually?
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
