Answer Posted / raghavendra mishra
working capital is the nerve center of business, just like
for human body is required blood just like that working
capital required to the business.
thus we can say that working capital is required for day to
day operation for business.
Access of current assets over current liability is
called working capital.
WORKING CAPITAL = CURRENT ASSETS - CURRENT LAIBILITY
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What is accretion accounting?
What are the qualities of a good banker?
What is Pradhan Mantri Jan Dhan Yojana?
What Are Various Investments Under Section 80(c) Of Income Tax Act?
what is portfolio ?
What is the number of Districts in your nearby states?
What do you know about Demonetization Bill introduced in Lok Sabha?
Different types of A/Cs and their features?
Merger of SBS with SBI, point of in your view. is this good dicition or bad by cent. govt./sbi.
What do you know about International Monetary Fund?
What are mutual funds? Why are mutual funds better than stocks?
What is fixed assets/ capital employed ratio? What does it indicate?
What do you mean by term 'casa' related to bank?
Why does a company issue stock?
What is the monetary policy?