Web Things, by Mark Baker

I can finally give a bit of a glimpse into what I’ve been working 24/7> on the past few months. It’s just a small piece of the big picture, but a really interesting part of it. Suppose ABC Limited has Current Assets $ 5,00,000 and Current Liabilities of $ 300,000. Fixed Assets are $ 1,00,000. Long Term Debt is $1,00,000, and Short Term Debt included in the Current Liability above is $25,000. Calculate the Working Capital of the Company and analyze the same. Working Capital refers to the Funds available with the Company to meet its day to day Business operations. It is an indicator of the Short Term Financial Strength of the Company and signifies the capability to meet the Current Liabilities and Debt Obligations due within one year. The following working capital example provides an outline of the most common sources of working capital. Nanometrics has just announced Taurus(PDF), a portable seismograph. It’s Java/Linux/Web/Semantic-Web all the way. Definitely the coolest device I’ve ever worked on.