Question : It is defined as excess of current assets over current liabilities. Which concept is highlighted in the given statement?
Option 1: Fixed capital
Option 2: Working capital
Option 3: Captian structure
Option 4: None of the above
Correct Answer: Working capital
Solution : Working capital refers to that part of total capital which is required for holding current assets. It may also be defined as excess of current assets over current liabilities.
Hence, option B is correct.