Tuesday, July 1, 2014

What are the long term finance and working capital?

What are the long term finance and working capital?
long term finance are finances used by a business more than one accounting year or it is the finance kept for future use of business.


Working capital are the money used for day-to-day expenses or day-to-day running of a business.These are used for short term use in the business.for example the expenses which have to be paid for a lorry driver for delivering goods to the company or business.

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