Question : Which of the following statement is incorrect?
Option 1: Networking capital refers to investment in all the current assets taken together.
Option 2: Fixed capital is the money invested in fixed assets
Option 3: Working capital refers to that part of total capital which is required for holding current assets.
Option 4: None of the above
Answer (1)
17th Jan, 2024
Correct Answer:
Networking capital refers to investment in all the current assets taken together.
Solution : Networking capital refers to excess of current assets over current liabilities. Gross working capital refers to investment in all the current assets taken together.
Hence, option A is correct.
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