Associate Finance Executive Question: Download Associate Finance Executive PDF

Explain what is working capital?

Tweet Share WhatsApp

Answer:

Working capital is defined as current assets minus current liabilities; it tells the financial statement user how much cash is tied up in the business through items such as receivables and inventories and also how much cash is going to be needed to pay off short term obligations in the next 12 months.

Download Associate Finance Executive PDF Read All 26 Associate Finance Executive Questions
Previous QuestionNext Question
Suppose If you were running a company that produces X and the market was tanking for that product, what would you do?Do you know our clients feel more comfortable with ethnic writers. So, while I would love to recommend you for the position, I'm worried that our clients will feel uneasy about us hiring you?