The excess of current assets over current liabilities is

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.