What is the full form of "WC"?

A. Withdraw Cash

B. Working Capital

C. Wage Capital

D. Wage Collateral

Answer: Option B

Solution(By Examveda Team)

Working Capital (WC) is the difference between a company's current assets and current liabilities. It is a financial measure, which calculates whether a company has enough liquid assets to pay its bills that will be due within a year. When a company has excess current assets, that amount can then be used to spend on its day-to-day operations.