At the Beginning of the Year,a Firm Has Current Assets

question 35

Multiple Choice

At the beginning of the year,a firm has current assets of $360 and current liabilities of $190.At the end of the year,the current assets are $510 and the current liabilities are $240.What is the change in net working capital?

• A)-$30
• B)-$10
• C)$0
• D)$10
• E)$100

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Definitions:

Enolate

An ion formed by the deprotonation of an alpha carbon of a carbonyl compound, involved in many important organic reactions.

Carbonyl

A functional group characterized by a carbon atom double-bonded to an oxygen atom (C=O).

Pka Values

A quantitative measure of the strength of an acid in solution, representing the acid dissociation constant logarithmically.

Equilibrium

A state in a chemical reaction where the rate of the forward reaction equals the rate of the reverse reaction, leading to constant concentrations of reactants and products.