Balance Sheet You Are Evaluating the Balance Sheet for Campus

question 91

Multiple Choice

Balance Sheet You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $400,000, Accounts receivable = $200,000, Inventory = $100,000, Accrued wages and taxes = $10,000, Accounts payable = $300,000, and Notes payable = $600,000. What is Campus's net working capital?

• A) -$210,000
• B) $700,000
• C) $910,000
• D) $1,610,000

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Definitions:

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An ancient gate of the city of Babylon, constructed in about 575 BCE by order of King Nebuchadnezzar II, famously adorned with images of dragons and bulls.

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A phrase often used in art or exhibitions to specify that an object, theme, or subject is depicted or presented in the current space.

Assyrians

An ancient Semitic-speaking empire and people based in Mesopotamia, known for their military prowess, architectural achievements, and contributions to early civilization.

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