PRC-1 · Chapter 10 · Question 61 of 100
If the total of Current Assets is Rs. 5,400 and the total of Current Liabilities is Rs. 4,200, what is the value of Net Current Assets (Working Capital)?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Rs. 1,200
Explanation
Net Current Assets (also known as Working Capital) is calculated as Current Assets minus Current Liabilities. Rs. 5,400 - Rs. 4,200 = Rs. 1,200.
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