A Firm Has Net Working Capital of $560

question 43

Multiple Choice

A firm has net working capital of $560. Long-term debt is $3,970, total assets are $7,390, and fixed assets are $3,910. What is the amount of the total liabilities?

• A) $2,050
• B) $2,920
• C) $4,130
• D) $7,950
• E) $6,890

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Definitions:

Income Inequality

The uneven allocation of income among individuals or households within an economic system.

Distribution Of Income

The way in which total income is shared amongst the population or different groups within a society.

Pre-Tax-And-Transfer Income

The measure of a household's income before taxes are deducted and before any government transfers, such as social security or unemployment benefits, are added.

Human Development Report

An annual report published by the United Nations Development Programme that measures countries' social and economic development levels.