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Hyni

Accounting for IGCSE & O level - Advanced Principles (Section 1 - No. 29)

What is the formula for working capital?
Current Assets - Current Liabilities
Total Assets - Total Liabilities
Net Profit - Cost of Goods Sold
Sales - Cost of Goods Sold

Shpjegimi

Working capital is the difference between a company's current assets and current liabilities.

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