Excess of current assets over current liabiliti... - WAEC Accounting 2013 Question
Excess of current assets over current liabilities is
A
deferred capital
B
nominal capital
C
working capial
D
authorized capital
correct option: c
The net working capital formula is calculated by subtracting the current liabilities from the current assets. Here is what the basic equation looks like. Typical current assets that are included in the networking capital calculation are cash, accounts receivable, inventory, and short-term investments. current assets - current liabilities = working capital
Please share this, thanks:
Add your answer
No responses