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The working capital of a firm is calculated as

Commerce
WAEC 2004
The working capital of a firm is calculated as
  • A. current assets minus current liabilities
  • B. current liabilities minus fixed assets
  • C. value of all assets
  • D. value of issued capital
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts