What Will Be the Change in Net Working Capital If

question 27

Multiple Choice

What will be the change in net working capital if current assets increase by $170,000 and current liabilities decrease by $60,000?

• A) Increase of $110,000
• B) Increase of $230,000
• C) Decrease of $110,000
• D)Decrease of $230,000

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Definitions:

Civil Rights Act of 1964

A landmark piece of legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin.

Fair Labor Standards Act

A U.S. law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in Federal, State, and local governments.

Bona Fide Occupational Qualification

A bona fide occupational qualification is a work requirement that is reasonably necessary to the normal operation of a particular business or job and is used as a defense against discrimination claims.

Discrimination

The unfair or biased treatment of various groups of people or objects, particularly based on race, age, or gender.