Finance And Accounting

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Michalski (2012) stated that Working Capital in general context states about whether the firm is able to meet up its short-term debts from its short-term assets, which it owes. Current assets are referred to as those assets, which can easily be converted to cash by any company within one year. Current Liabilities are referred to those liabilities, which are due within one year (Autukaite & Molay, 2011).

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