Practicing Success
Calculate the net working capital from the following:
|
₹17,600 ₹8,600 ₹9,000 ₹26,200 |
₹9,000 |
o calculate the net working capital, we need to subtract the current liabilities from the current assets. Current liabilities = Short term borrowing + Outstanding expenses = ₹6,000 + ₹2,600 = ₹8,600 Current assets = Work in progress + Accounts receivable + Cash-in-hand = ₹10,000 + ₹5,400 + ₹2,200 = ₹17,600 Net working capital = Current assets - Current liabilities = ₹17,600 - ₹8,600 = ₹9,000 Therefore, the net working capital is ₹9,000. |