Transcription of Chapter 10 Working capital - acornlive.com
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Chapter 10 Working capital - acornlive.com
1 Working capital Chapter 10 2 Working capital Working capital is the capital available for conducting the day-to-day operations of the business and consists of current assets and current liabilities. Current assets Current liabilities Inventories Trade receivables Cash Short term investments Trade payables Bank overdrafts Working capital can be viewed as a whole but interest is usually focussed on the individual components such as inventories or trade receivables.
2 10.1 Working capital Working capital is the capital available for conducting the day-to-day operations of the business and consists of current assets and current liabilities.
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