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Which of these is used in calculating working capital?

Which of these is used in calculating working capital?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Furniture and fittings
  • B Stock of raw material
  • C Machinery
  • D Office equipment
Correct Answer: Option B
Explanation:
Stock of raw materials is a current asset and is therefore included when determining working capital. Working capital is calculated from current assets and current liabilities.

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