Asked by Areli Hernandez on Jun 21, 2024
Verified
Working capital is computed as current liabilities minus current assets.
Working Capital
The difference between a company's current assets and current liabilities, indicating its short-term liquidity.
- Understand the calculation and implications of working capital.
Verified Answer
AS
Austin ScheinJun 26, 2024
Final Answer :
False
Explanation :
Working capital is computed as current assets minus current liabilities.
Learning Objectives
- Understand the calculation and implications of working capital.