Current Assets Minus Current Liabilities Are Referred to As

question 256

Multiple Choice

Current assets minus current liabilities are referred to as:

• A) Tangible assets.
• B) Net working capital.
• C) Net income.
• D) Net assets.
• E) Net book value.

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Definitions:

Needs

Fundamental physiological or psychological requirements that are essential for the survival, well-being, and proper functioning of an organism.

Goals

Targets or outcomes that an individual, group, or organization aims to achieve through concerted effort.

Internal

Located within or happening inside a body, mind, or institution.

External

Pertaining to or relating to the outside or exterior part of something.