Question

The difference between current assets and current liabilities can be defined as______________.

A Equitable Mortgage Correct Answer Incorrect Answer
B Profit and loss account Correct Answer Incorrect Answer
C Venture Capital Correct Answer Incorrect Answer
D Working Capital Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Working capital is the difference between a company’s current assets and current liabilities . It is a financial measure, which calculates whether a company has enough liquid assets to pay its bills that will be due in a year.

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