If CA=100 and CL= 30, What is WC?

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If CA = 100, CL=50, The current ratio will be?
Posted by:
Zehab Osman
13-June-2015

Accounting Cash Flow Forecasting Financial Reporting Financial Systems Feasibility Studies

Question added by Zehab Osman , Accountant , Aldar Consultancy Co.
Date Posted: 2015/06/13

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2 Answers

by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Working Capital is equal to70.

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Vijayabharathi Kalyanasundaram (ACMA - INDIA)

by Vijayabharathi Kalyanasundaram (ACMA - INDIA) , Finance Analyst , shell

Working capital is equal to excess of CA over CL , here the answer is70..

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