📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    A company with higher current assets than current

    liabilities is said to have:
    A Negative working capital Correct Answer Incorrect Answer
    B No working capital Correct Answer Incorrect Answer
    C Positive working capital Correct Answer Incorrect Answer
    D Zero working capital Correct Answer Incorrect Answer

    Solution

    Explanation: Positive working capital indicates that the company can cover its short-term liabilities with its short-term assets.

    Practice Next
    More Accounts Questions
    ask-question