Which of the following is NOT an element of working capital?Group of answer choicesRetained earningsAccounts receivableCashInterest payable
Question
Solution 1
The element that is NOT part of working capital from the given options is Retained earnings.
Working capital is a measure of a company's operational liquidity and its ability to meet short-term obligations. It is calculated as current assets minus current liabilities.
- Accounts receivable: Thi Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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