Current assets are Rs 8.5 lakh and current liabilities Rs 5.2 lakh. NWC is
ARs 4.3 lakh
BRs 3.3 lakh
CRs 13.7 lakh
DRs 5.2 lakh
Answer & Solution
Correct answer: B. Rs 3.3 lakh
Net working capital is 8.5 - 5.2 = Rs 3.3 lakh.
Keep practising Working Capital
Browse all Working Capital questions for CA Inter, or explore more Financial Management topics.
Related questions
Single stage inventory calculations look at which scope?Setting a number of days of supply as a coverage target is an example ofWhy should companies keep inventory low when working capital is scarce?Multi-echelon inventory optimization sets stock levelsWhich inventory optimization models use probability distributions for variables?The bullwhip effect in supply chains refers to what?Critics fault the EOQ model mainly for which weakness?Under an all-units discount, price is Rs 50 up to 1,000 units and Rs 45 for 1,001 to 5,000