How is the working capital need calculated? (a) Working capital Current assets (except cash) (b) Current
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How is the working capital need calculated?
(a) Working capital – Current assets (except cash)
(b) Current assets (except cash) – Current liabilities
(c) Long-term debt – Current liabilities
(d) Fixed assets – Current assets (except cash)
AppendixLO1
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Related Book For
Financial Accounting And Reporting A Global Perspective
ISBN: 9781844802500
2nd Edition
Authors: Michel J. Lebas, Herve Stolowy, Michael Lebas
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