Working capital

B. H. Walley

Chapter 9 in Efficiency Auditing, 1974, pp 118-125 from Palgrave Macmillan

Abstract: Abstract Working capital is all the capital which is required for the day-to-day running of the business. It includes: cash in hand — to pay creditors, wages, etc. cash in the bank — on either short or long loan savings accounts of all kinds, not included in the cash in bank trade and other debtors stocks of all kinds: raw materials work in progress finished stocks taxes due wages and salaries due to be paid.

Date: 1974
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DOI: 10.1007/978-1-349-02071-3_9

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