MyStudyPals.com MyStudyPals.com
  • Login
  • Feed

Resources

  • 📰
    Latest School News
  • 📚
    Scholarships
  • 🎓
    JAMB Syllabus
  • 📝
    Jamb Brochure

Information

  • 🔗
    Contact US
  • 🔗
    Privacy Policy
  • 🔗
    Terms and Conditions
  • 🔗
    About US

Excess of current assets over current liabilities is

  • 📑 Past Questions
  • ⌛ Take CBT exam
  • 📟 Referral
  • 🎫 Support
  • 📢 Earnings
Accounts - Principles of Accounts WAEC 2013

Excess of current assets over current liabilities is

  • deferred capital
  • nominal capital
  • working capial checkmark
  • authorized capital

The correct answer is: C

Explanation

The net working capital formula is calculated by subtracting the current liabilities from the current assets. Here is what the basic equation looks like. Typical current assets that are included in the networking capital calculation are cash, accounts receivable, inventory, and short-term investments. current assets - current liabilities = working capital

Previous Question Next Question

Leave A Comment

© 2025 MyStudyPals.com