Define Net Working Capital

question 8

Essay

Define net working capital.

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Definitions:

Consequential Damages

Damages that do not directly arise from the breach of a contract but result from the breach's indirect effects.

Inventory

The total amount of goods and materials on hand available for sale to customers in the course of business operations.

Consumer Goods

Items bought for personal use or consumption, including household products, food, and clothing.

Raw Materials

Basic materials obtained in their natural state that are processed to produce goods or provide services.