Net Working Capital for 2016 Is $1,890 and Net Working

question 24

Multiple Choice

Net Working Capital for 2016 is $1,890 and Net Working Capital for 2017 is $3,597.What is the change in Net Working Capital?

• A)-$1,707
• B)$1,707
• C)-$1,727
• D)$2,527

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Definitions:

Restrictive Covenant

A clause in a deed or lease that limits what the owner of the land or property can do with it.

Breach of Contract

Occurs when one party in a contractual agreement fails to fulfill their obligations as specified in the contract, entitling the other party to legal remedies.

Injunction

A court order requiring an individual or entity to do or cease doing a specific action.

Specific Performance

A legal remedy requiring a party to fulfill their obligations under a contract, as opposed to simply paying damages.