The money issued by Ola Maro and Co Ltd. in running the day to day activities of the business is represented by
Answer Details
The money issued by Ola Maro and Co Ltd. in running the day to day activities of the business is represented by working capital. Working capital refers to the amount of money a company has available to fund its daily operations. It includes cash, inventory, accounts receivable, and short-term investments. Working capital is a crucial component for a company's financial health as it ensures that the business can meet its short-term financial obligations such as paying salaries, buying raw materials, and paying rent.