Working capital
This query is : Resolved
21 September 2013
Please explain me the relationship, if any.
In between working capital and cash credit loan.
21 September 2013
cash credit loan is taken to fund the working capital gap.
Assuming 100% gap funding: Current Assets - Current Liabilities = Working Capital Gap=Maximum Cash credit limit available to the business entity.
Assuming 100% gap funding: Current Assets - Current Liabilities = Working Capital Gap=Maximum Cash credit limit available to the business entity.
21 September 2013
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