Ch 27 - Key terms

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  • Created by: angus f.v
  • Created on: 25-11-14 15:29
Working capital
The funds left over to meet day-to-day expenses after current debts have been paid. It is calculated by current assets minus current liabilities
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Working capital cycle
The flow of liquid resources into and out of a business
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Other cards in this set

Card 2

Front

The flow of liquid resources into and out of a business

Back

Working capital cycle

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