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On March 31, Adolpha, Inc What Is the Available Net Working Capital for Adolpha, Inc

question 79

Multiple Choice

On March 31, Adolpha, Inc. reported the following information on its financial statements.  Total current $210,687 assets Total long- $1,063,432 term assets  Total current $337,609liabilities  Total long- $1,002,643 term debt\begin{array}{llcc} \text { Total current } &\$210,687 \\ \text { assets } &\\ \text {Total long- } &\$1,063,432\\ \text { term assets } &\\ \text { Total current } &\$337,609\\ \text {liabilities } &\\ \text { Total long- } &\$1,002,643\\ \text { term debt} &\\\end{array}
What is the available net working capital for Adolpha, Inc.?

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Definitions:

Fixed Cost

Costs that do not change with the level of output produced, such as rent or salaries, remaining constant regardless of business activity levels.

Total Revenue

The total amount of money generated by a firm or entity from its business activities, calculated by multiplying the price by the quantity sold.

Variable Costs

Expenses that vary directly with the level of production or sales volume, such as materials and labor.

Profitable

Generating revenue that exceeds the expenses, costs, and taxes needed to sustain the activity.

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