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Definitions Of Working capital

Definitions Of Working capital

According to the definition of Mead, Baker and Malott, “Working Capital means Current Assets”.

According to the definition of J.S.Mill, “The sum of the current asset is the working capital of a business”.

According to the definition of Weston and Brigham, “Working Capital refers to a firm’s investment in short-term assets, cash, short-term securities, accounts receivables and inventories”.

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According to the definition of Bonneville, “Any acquisition of funds which increases the current assets, increase working capital also for they are one and the same”.

According to the definition of Shubin, “Working Capital is the amount of funds necessary to cover the cost of operating the enterprises”.

According to the definition of Genestenberg, “Circulating capital means current assets of a company that are changed in the ordinary course of business from one form to another, for example, from cash to inventories, inventories to receivables, receivables to cash”.

Definitions Of Working capital Definitions Of Working capital Reviewed by Ikpokolo Francis on Thursday, July 06, 2017 Rating: 5

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