Maharashtra State BoardHSC Commerce: Marketing and Salesmanship 12th Board Exam
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Syllabus

Answer in one sentence. Define working capital. - Secretarial Practice

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One Line Answer

Answer in one sentence.

Define working capital.

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Solution

Gerstenbergh defines it as "The excess of current assets over current liabilities."

Concept: Capital Structure
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Chapter 1: Introduction To Corporate Finance - Exercises [Page 12]
Q 1. H) 3.

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 1 Introduction To Corporate Finance
Exercises | Q 1. H) 3. | Page 12
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