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 |
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