Question

    A firm has current assets of ₹80 lakh, current

    liabilities of ₹30 lakh. What is its Net Working Capital?
    A ₹30 lakh Correct Answer Incorrect Answer
    B ₹50 lakh Correct Answer Incorrect Answer
    C ₹20 lakh Correct Answer Incorrect Answer
    D ₹40 lakh Correct Answer Incorrect Answer
    E ₹10 lakh Correct Answer Incorrect Answer

    Solution

    Net Working Capital = Current Assets – Current Liabilities = ₹80L – ₹30L = ₹50 lakh.

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