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The amount of capital used in the day-to-day running of a company is?

Commerce
WAEC 2017

The amount of capital used in the day-to-day running of a company is?

  • A. working capital
  • B. capital emplyed
  • C. share capital
  • D. fixed capital
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Correct Answer: Option A
Explanation

Working capital is the money that allows a corporation to function by providing cash to pay the bills and keep operations humming. it is the capital used in funding daily business activities

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