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The capital used in the day to day running of a business is?

The capital used in the day to day running of a business is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Nominal capital
  • B Working capital
  • C Paid up capital
  • D Authorized capital
Correct Answer: Option B
Explanation:
working capital is the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.

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