The excess of current assets over current liabilities is
Answer Details
The excess of current assets over current liabilities is known as working capital.
Working capital is the amount of money that a company has available to fund its day-to-day operations. It represents the difference between a company's current assets (such as cash, inventory, and accounts receivable) and its current liabilities (such as accounts payable and short-term loans).
A positive working capital indicates that a company has enough current assets to cover its short-term obligations, while a negative working capital means that a company may face difficulties in meeting its short-term obligations.
Therefore, the correct option in this case is "working capital," as it represents the excess of current assets over current liabilities.