The Net Working Capital at the End of 2017 Is

question 360

Multiple Choice

The net working capital at the end of 2017 is ______ and ______ at the end of 2018.

• A) -$2,955; -$1,113
• B) $2,059; $3,586
• C) $5,436; $1,286
• D) $5,436; $7,606
• E) $2,059; $8,637

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Definitions:

Operating Expenses

Costs associated with the day-to-day functions of a business not directly tied to producing a product or service.

Sales

The total revenue earned from goods or services sold by a business within a specified period.

Accounts Receivable

Amounts owed to a business by its customers for goods or services delivered on credit.

Balance

The difference between total debits and credits in an account, or the remaining amount of money or value.