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Explain the meaning of gross working capital. - Commerce

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Explain the meaning of gross working capital.

What is gross working capital?

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Solution

Gross working capital is the sum of current assets of a company and does not account for current liabilities. Gross working capital includes assets such as cash, checking and savings account balances, accounts receivable, short-term investments, inventory, and marketable securities.

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Transfer of Funds Through Real Time Gross Settlement (RTGS)
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Chapter 2: Capital - Fixed and Working - QUESTION BANK [Page 45]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 2 Capital - Fixed and Working
QUESTION BANK | Q 12. | Page 45
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