Danita needs urgent financing to pay her suppliers and pay the wages for her workers. What type of capital does she need?

Danita needs________ capital to pay her suppliers and wages for employees.


Respuesta :

Answer:

working

Explanation:

Working capital refers to the money that a business uses in its normal day to day operations. Paying for supplies and employees' wages and salaries are normal day to day business operations, so the money needed to pay for them is considered working capital.

Working capital is calculated by subtracting current liabilities from current assets.