Net Working capital is defined as ........

Costing - Phase (I & II) Overview of Cost and Management Accounting

Net Working capital is defined as;

Excess of current assets over current liabilities,

Excess of current liabilities over current assets,

Excess of fixed assets over long term liabilities,

None of the above.

There are two types of working capital:

Gross working capital= it is total of current assets only

Net Working Capital= Total Current assets – Current liabilities

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