Discussion Forum : Financial Management
Question -


___ refers to the investment in all the current assets such as cash, bills receivable, prepaid expenses, inventories, etc. These current assets get converted into cash within a year.

Options:
A .   Gross working capital
B .   Net working capital
C .   Both A and B
D .   None of these
Answer: Option A
:
A

Gross working capital refers to the investment in all the current assets such as cash, bills receivable, prepaid expenses, inventories, etc. These current assets get converted into cash within a year.



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