Current assets minus current liabilities is called
A)Profit margin
B)Financial leverage
C)Current ratio
D)Working capital
E)Quick assets

Question

Quizplus · Accepted Answer

Working capital is the difference between current assets (resources that can be converted to cash within a year) and current liabilities (obligations due within a year). It measures a company's ability to meet its short-term financial obligations.

Current Assets Minus Current Liabilities Is Called