ocr: Content ofWorking. Capital Working capital is the amount of money needed by a business in order to trade (in the case of a retail business) or to carry outi its manufacturing activities (in the case of an organisation in the manufacturing sector). Itis sometimes referred to as the circulating capital" of a business since it consists of those Balance Sheet items which are either convertible into cash int the short-term or are cash itself. Since working capital comprises the amount invested in the business in order tol keep it ticking over it consists of cash, debtors and stock less creditors. ( ...
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