Submitted by sanjay on Wed, 01/30/2013 - 10:24
The cash that is required by a business to carry out its everyday operations is known as the working capital. It can be also termed as the amount of money that is needed to be invested to get the finished good out of the raw material. The company then sells the raw materials in the market. Theoretically it is defined as the difference between current assets and current liabilities. It also acts as an measurement how efficient and healthy a company is.
