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      Question

      Which of the following is not part of working

      capital?
      A Cash and bank balances Correct Answer Incorrect Answer
      B Trade receivables Correct Answer Incorrect Answer
      C Prepaid expenses Correct Answer Incorrect Answer
      D Plant & machinery Correct Answer Incorrect Answer
      E Inventory Correct Answer Incorrect Answer

      Solution

      Working capital comprises current assets and current liabilities; plant & machinery are fixed assets.

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