Given the Following Data: Total Current Assets = $852; Total

question 7

Multiple Choice

Given the following data: Total current assets = $852; Total current liabilities = $406; Long-term debt = $442, calculate the net working capital.

• A) $446
• B) $852
• C) $410
• D) None of the above

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Definitions:

Securities

Financial instruments that represent ownership positions in publicly-traded corporations, creditor relationships with governmental bodies or corporations, or rights to ownership.

Public Market Price

The current trading value of goods, services, or securities in a publicly accessible market.

Electronic Filing

The submission of documents to a court or government agency via electronic means, such as email or specialized online platforms.

Disclosure System

A regulatory framework requiring companies or individuals to reveal information that could influence decisions made by stakeholders or the public, often related to financial data or potential conflicts of interest.