Excess of current assets over current liabilities is

The excess of current assets over current liabilities is known as working capital. In simpler terms, working capital represents the funds available for the day-to-day operations of a business. It is calculated by subtracting the total current liabilities from the total current assets of a business. The resulting figure represents the amount of money that a company can use to finance its daily operations such as purchasing inventory, paying salaries, and meeting other short-term expenses. Therefore, the correct option is working capital.