You Are Evaluating the Balance Sheet for Campus Corporation

question 74

Multiple Choice

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:

Hypnotic Suggestions

Instructions or cues given to a person under hypnosis that are intended to influence their behavior or perception both during the trance and after awakening.

Highly Involved

Characterized by a significant or intense engagement or commitment to an activity, cause, or issue.

Sensation-Seeking

A trait defined by the search for experiences and feelings that are varied, novel, complex, and intense.