MCQ 11 Mark
Gross working capital means:
- ASum total of all assets.
- BSum total of all fixed assets.
- ✓Sum total of all current assets.
- DCurrent assets minus current liabilities.
Answer
View full question & answer→Correct option: C.
Sum total of all current assets.
Gross working capital refers to aggregate of investment in all the current assets.
Gross Working Capital = Total of all Current Assets.
Gross Working Capital = Total of all Current Assets.