The manner of disposing of this discount depends upon the provisions made by the directors in respect to the creating of working capital.
Frequently the by-laws provide that a certain amount be reserved as working capital, and under any circumstances the questions of the advisability of declaring a dividend rests with the directors.
Working Capital--The capital actually used in the active operations of a business.
On the other hand, if the current assets are greater than the current liabilities, the company possesses a working capital, represented by the difference between the two, and known as net quick assets.
If working capital is to be created by the issue of capital liabilities, it is much better that it should be done by stocks than by bonds.
Working capital is another item claimed and conceded in some valuations.
To 'working capital, Coke and Coal Company, and Astoria' the above considerations are not applicable, and these items will be treated separately.
Investment in the business exclusive of working capital, that is to say, the money in the land and buildings and other equipment would require under present conditions about $1,000 for each thousand ducks marketed.
In addition to the capital invested in the plant there would be required a considerable amount of working capital.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "working capital" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
