Excess of current assets over current liabilities is
...Excess of current assets over current liabilities is
Deferred capital
Nominal capital
Working capital
Authorized capital
Correct answer is C
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
The directors of Olu Ltd. recommended a dividend of 10% on 1,000,000 ordinary share capital of ...
A debit entry in a fixed asset account represents ...
Given: Balance at 31st December ............N14,744m Treasury Bills issued Jan-Dec........N7124m ...
Bank reconciliation statement reconciles ...
Recurrent expenditure are expenses for the period not exceeding? ...
The reduction in value of an intangible asset is ...
The error that affects the agreement of a trial balance totals is ...
The journal has the following headings except ...
The following are the importance of branch account except ...