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REPUBLICOFTHEPHILIPPINES DepartmentofTransportationandCommunications LANDTRANSPORTATIONFRANCHISINGANDREGULATORYBOARD EastAvenue, QuezonCity STATEMENTOFFINANCIALCAPABILITY (ACTUALWORKINGCAPITAL) ForIndividualOperator(Pleaseaccomplishbelow)
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How to fill out actual working capital:

01
Identify current assets: Start by listing all the current assets of your business such as cash, accounts receivable, inventory, and other short-term investments.
02
Determine current liabilities: Calculate all the current liabilities including accounts payable, accrued expenses, and any other short-term debts or obligations.
03
Calculate working capital: Subtract the total current liabilities from the total current assets to find the working capital of your business. This will give you an indication of the financial health and liquidity of your company.

Who needs actual working capital:

01
Small businesses: Working capital is essential for small businesses to cover their day-to-day operational expenses, manage cash flow fluctuations, and seize growth opportunities.
02
Startups: Startups often require working capital to fund initial expenses, product development, marketing, and other activities until they become profitable.
03
Seasonal businesses: Businesses that experience significant seasonal fluctuations in sales or cash flow need working capital to survive during slower periods and meet the demand during peak seasons.
04
Companies undergoing expansion: Growing businesses need additional working capital to invest in new equipment, hire more staff, expand their operations, or launch new products or services.
05
Businesses experiencing financial challenges: Companies facing financial difficulties, such as declining sales or increasing debts, may require working capital to stabilize their operations and improve their financial position.
It is important to note that every business, regardless of its size or industry, can benefit from having adequate working capital to support its day-to-day operations, manage unexpected expenses, and pursue growth opportunities.
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Actual working capital is the difference between current assets and current liabilities.
Businesses and organizations are required to file actual working capital to assess their financial health.
To fill out actual working capital, you need to list all current assets and subtract all current liabilities.
The purpose of actual working capital is to measure a company's liquidity and ability to cover its short-term debts.
Information such as cash, accounts receivable, inventory, accounts payable, and short-term debt must be reported on actual working capital.
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