Asked by
Robert Cabrera
on Dec 01, 2024
Verified
The term working capital refers to the assets and liabilities required to operate a business on a day to day basis.
Working Capital
The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency of the business.
- Gain an understanding of the theory and parts of working capital.
Verified Answer
SK
Learning Objectives
- Gain an understanding of the theory and parts of working capital.
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