alleryStart learning →A firm has current assets of 8 lakh and current liabilities of 5 lakh. What is its working capital?
A13 lakh
B5 lakh
C1.6 lakh
D3 lakh
Answer & Solution
Correct answer: D. 3 lakh
Working capital is current assets less current liabilities, which is 8 minus 5 equal to 3 lakh.
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