Details Corp

question 49

Multiple Choice

Details Corp.has a book net worth of $8,150.Long-term debt is $1,800.Net working capital,other than cash,is $2,150.Fixed assets are $2,000.How much cash does the company have?

• A)$4,250
• B)$4,550
• C)$5,150
• D)$5,800
• E)$6,750

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Definitions:

Liters

A metric unit of volume equal to one cubic decimeter.

Linear Equations

Equations that depict lines in a coordinate system and can be written in the form \(y = mx + b\), where \(m\) is the slope and \(b\) is the y-intercept.

System

A set of principles or procedures according to which something is done; in mathematics, often refers to a set of equations or inequalities.

Elimination

A method used in algebra to solve systems of equations by removing variables to find their values.