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lorainediane Perez
on Dec 01, 2024

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The gross working capital is equivalent to ____.

A) the current assets
B) the current assets less current liabilities
C) the current assets less inventory
D) the current liabilities

Gross Working Capital

The total of all current assets in a company, which includes items such as cash, inventory, and accounts receivable.

Current Assets

Assets expected to become cash in less than one year. Current assets are largely cash, receivables, and inventories.

Current Liabilities

Financial obligations a company is due to pay within one year or within its operating cycle if longer than a year.

  • Understand the concept and components of working capital.
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Mandy ArcheyDec 01, 2024
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