Vidyalelo
Commerce · Q58

Accounting

Graduate and Post Graduate · Commerce · question 58

Q58

Current Assets - Current Liabilities = ?

A.
Capital + Liabilities = assets
B.
Absorbed capital
C.
Net assets
D.
Working capital
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Current Assets - Current Liabilities = Working capital.
Working capital is calculated as current assets minus current liabilities.