Question : It refers to that part of total capital which is required for holding current assets. Which concept is highlighted in the given statement?
Option 1: Working capital
Option 2: Fixed capital
Option 3: Capital 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 A is correct.
Question : Which of the following statement is incorrect?
Question : It is defined as excess of current assets over current liabilities. Which concept is highlighted in the given statement?
Question : It is the money invested in fixed assets which is to be used over a long period of time. Which capital is highlighted in the given statement?
Question : It is meant for making permanent or long term needs of the business. Which concept is highlighted in the given statement?
Question : Which of the following tells the working capital?
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