Working capital, correctly defined, includes both current assets and current liabilities.

Name: Working capital, correctly defined, includes both current assets and current liabilities.
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Question

Quizplus · Accepted Answer

Working capital is the amount of funds a company has available for its day-to-day operations. It is calculated by subtracting current liabilities from current assets. Therefore, correctly defined, working capital includes both current assets and current liabilities.

Working Capital, Correctly Defined, Includes Both Current Assets and Current