What is the difference between current assets and current...
What is the difference between current assets and current liabilities?
Working capital
nominal capital
capital employed
issued capital
Correct answer is A
The difference between current asset and current liability is known as working capital which represents operating liquidity available to business. Working capital is the capital of a business which is used in its day-to-day trading operations, calculated as the current assets - the current liabilities.
Working capital, also known as net working capital, is the difference between a company's current assets, like cash, accounts receivable (customers' unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, like accounts payable.
Which of the following is not a means of water transport? ...
Which of the following groups of activities are commercial services ...
A label on a product such as "Three Crown Milk" is a form of? ...
An important issue for consideration in the product element of the marketing mix is the? ...
The three components of a country's balance of payments are? ...
A merchant wholesaler is referred to as? ...
The nominal value of a share is same as its ...
Which of the following is a characteristic of a private company? ...