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  • Brainly User
2014-07-23T21:19:44+05:30

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Working capital refers to the capital any company has for its day to day transactions .

It is given by the formula:

Working capital = current assets-current liabilities
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2014-07-23T21:22:17+05:30

This Is a Certified Answer

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Certified answers contain reliable, trustworthy information vouched for by a hand-picked team of experts. Brainly has millions of high quality answers, all of them carefully moderated by our most trusted community members, but certified answers are the finest of the finest.
Working Capital is a way of measuring company's overall efficiency and income.

Working Capital is equal to 
the current assets minus the current liabilities.
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