JaylynnBenally6025 JaylynnBenally6025
  • 21-07-2020
  • Business
contestada

Working capital is a measure of short-run liquidity and is measured by dividing current assets by current liabilities.
a) true
b) false

Respuesta :

andromache andromache
  • 21-07-2020

Answer:

b) false

Explanation:

The working capital refers to the difference between the current assets and current liabilities

In mathematically,

Working capital = Current asset - current liabilities

It is the amount needed for operating the day to day activities of the organization

Therefore the given statement is false as it represents the current ratio, not the working capital

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