Global Tours Has Beginning Current Assets of $1,360, Beginning Current

question 32

Multiple Choice

Global Tours has beginning current assets of $1,360, beginning current liabilities of $940, ending current assets of $1,720, and ending current liabilities of $1,080. What is the change in net working capital?

• A) $220
• B) $170
• C) $190
• D) $940
• E) $1,060

---

Definitions:

Confidence Interval

An arsenal of values, based on sample's statistical analysis, suggested to likely encompass the value of a cryptic population parameter.

Sample Mean

The average value of the data points in a sample, calculated as the sum of the observations divided by the number of observations.

Credit Card Use

The action or practice of purchasing goods or services using a credit card as the method of payment.

Sample Size

The number of observations or elements chosen from a population for the purpose of statistical analysis.