The money issued by Ola Maro and Co Ltd. in running the day to day activities of the business is represented by
-
A.
fixed capital -
B.
capital employed -
C.
paid-up capital -
D.
working capital
Correct Answer: Option D
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.