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

Question

Business

Nehemiah Levy

26 March, 20:15

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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Answers (1)

Know the Answer?

Aryanna Franklin · Answer 1

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!