working capital - 趙永祥的數位歷程檔

1. The cash available for day-to-day operations of an organization. Strictly speaking, one borrows cash (and not working capital) to be able to buy assets or to pay for obligations. Also called current capital.
2. Accounting: Net liquid assets computed by deducting current liabilities from current assets. Theamount of available working capital is a measure of a firm's ability to meet its ...

2. Accounting: Net liquid assets computed by deducting current liabilities from current assets. The amount of available working capital is a measure of a firm's ability to meet its short-term obligations. Sources of working capital are

(1) net income,

(2) long-term loans,

(3) sale of capital assets, and

(4) injection of funds by stockholders.

Ample working capital allows management to take advantage of unexpected opportunities, and to qualify for bank loans and favorable trade credit terms.

Read more:

http://www.businessdictionary.com/definition/working-capital.html

USAGE EXAMPLE

The store owner's two-part goal was to pay off his debt as quickly as possible while maintaining sufficient working capital to comfortably manage his business.

FRIDAY QUIZ CHALLENGE

QUESTION	Someone who helps someone else, typically by means of a financial gift. A benefactor can refer to someone who gives financial donations to a charitable organization, someone who provides a younger family member with the financial resources so that they can attend college, or anyone who provides help in any other manner.
CHOOSE THE ANSWER	(A) competition (B) intranet (C) benefactor (D) progressive tax

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