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FINANCIAL MANAGEMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMFINANCIAL MANAGEMENT2 Marks
Question
What is Gross Working Capital?
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Answer

Total sum of investment in current assists of business such as raw material, stock of finished goods debtors, bills receivable short term securities etc. In short Gross Working Capital = Gross Current Assets.

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