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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

 


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

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.

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