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4 December, 09:48

Which component do you arrive at after making the following calculation? The difference between your business current assets and blank is your blank

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  1. 4 December, 09:56
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    Though you have not given any options, the most suitable answer should be,

    Current Assets - Current Liabilities = Working Capital

    Explanation:

    Simply, working capital refers to the capital that is at your disposal to meet the ends of your business in a daily basis. More working capital suggests that your short term debt is lower and therefore more cash answer cash equivalents are at your disposal while a lower working capital simply means that your business is in trouble!
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