Select the correct answer from the options given below and rewrite the statement. ______ refers to the excess of current assets over current liabilities. - Secretarial Practice

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MCQ
Fill in the Blanks

Select the correct answer from the options given below and rewrite the statement.

______ refers to the excess of current assets over current liabilities.

Options

  • Working capital

  • Paid-up capital

  • Subscribed capital

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Solution

Working capital refers to the excess of current assets over current liabilities.

Concept: Capital Requirements
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Chapter 1: Introduction To Corporate Finance - Exercises [Page 10]

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 1 Introduction To Corporate Finance
Exercises | Q 1. A) 6. | Page 10

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