Accounting for IGCSE & O level - Final Statements (Section 14 - No. 18)
What does working capital measure?
A company's long-term solvency.
A company's profitability.
A company's ability to meet short-term obligations.
The efficiency of a company's operations.
ব্যাখ্যা
Working capital measures a company's ability to pay off its short-term liabilities.