Working capital is also called working capital. It is called working capital abroad. It is the net amount of the total current assets minus the total current liabilities of the joint venture, that is, the net working capital available for use and turnover in the operation of the enterprise. Since working capital is the net amount of current assets minus current liabilities, changes in current assets and current liabilities will cause changes in working capital.
The working capital formula is: working capital = current assets-current liabilities = (total assets-non-current assets)-(total assets-owner's equity-long-term liabilities) = (owner's equity+long-term liabilities)-non-current assets = long-term capital-long-term assets.
Tips: The above contents are for reference only.
Reply time: 2021-11-26. Please refer to the latest business changes announced by Ping An Bank in official website.