Difference between revisions of "Net working capital"
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According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
:[[Net working capital]]. Current assets minus current liabilities. | :[[Net working capital]]. Current assets minus current liabilities. |
Latest revision as of 17:55, 1 November 2019
Net working capital is current assets minus current liabilities.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Net working capital. Current assets minus current liabilities.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.