The Total Assets Are $900, the Fixed Assets Are $600

question 79

Multiple Choice

The total assets are $900, the fixed assets are $600, long-term debt is $500, and short-term debt is $200. What is the amount of net working capital?

• A) $0
• B) $100
• C) $200
• D) $300
• E) $400

Recognize the occurrences and consequences of groupthink.

Understand the concept of variables in datasets, including differentiating between categorical and quantitative variables.

Identify and describe the role of labels and cases in datasets.

Identify the types and number of variables in given datasets.

---

Definitions:

Gross Margin

The difference between revenue and the cost of goods sold, often expressed as a percentage of revenue, indicating the efficiency of a company in managing its production costs.

Relevant Range

The span of operations in which the beliefs regarding variable and fixed cost dynamics are accurate.

Product Costs

Costs directly associated with the production of goods, including direct labor, materials, and manufacturing overhead.

Period Costs

Costs that are expensed in the period in which they are incurred, not directly tied to the production process.