A fiRm Has Net Working Capital of $350

question 61

Multiple Choice

A firm has net working capital of $350. Long-term debt is $600, total assets are $950 and fixed assets are $400. What is the amount of the total liabilities?

• A) $200
• B) $400
• C) $600
• D) $800
• E) $1,200

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Definitions:

Feedback

Information provided to individuals or groups regarding their performance, behavior, or process, used as a basis for improvement.

Natural Settings

Environments or situations that occur naturally without human intervention or artificiality.

Quality Of Work

The measure of excellence or state of being free from defects, deficiencies, and significant variations in a product or service.

Good Follower

A person who supports and is guided by another person or by a group, showing commitment and adaptability.