Sing Lee's Has Accounts Payable of $300, Inventory of $250

question 69

Multiple Choice

Sing Lee's has accounts payable of $300, inventory of $250, cash of $50, fixed assets of $500, accounts receivable of $200, and long-term debt of $400. What is the value of the net working
Capital to total assets ratio?

• A) .20
• B) .33
• C) .40
• D) .50
• E) .67