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Income Tax Expert Interview Question:
Please explain what is working capital?
Submitted by: MuhammadWorking capital is defined as current assets minus current liabilities; it tells the financial statement user how much cash is tied up in the business through items such as receivables and inventories and also how much cash is going to be needed to pay off short term obligations in the next 12 months.
Submitted by: Muhammad
Submitted by: Muhammad
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