Asked by
asrar saleh
on Nov 08, 2024
Verified
The difference between a firm's current assets and its current liabilities is called net working capital.
Net Working Capital
The difference between a company’s current assets and current liabilities, indicating the liquidity of the business.
- Gain an understanding of the constituents and mathematical operations associated with net working capital.
Verified Answer
HK
Learning Objectives
- Gain an understanding of the constituents and mathematical operations associated with net working capital.