Question on: SS2 Accounting - Interpretation of Accounts Using Simple Accounting Ratios Equity: Working Capital

What is working capital?

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A

The amount of money a business has available to fund its day-to-day operations.

 

B

The amount of money a business has invested in long-term assets.

 

C

The amount of money a business owes to its suppliers.

D

The amount of money a business has in its bank account.

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Correct Option: A

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