A Corporation Had the Following Assets and Liabilities: What

question 67

Multiple Choice

A corporation had the following assets and liabilities: What is the amount of working capital and the working capital ratio? $$\begin{array} { | l | c | c | } \hline & \text { Working Capital } & \text { Working Capital } \\\hline & \underline { \text { Amount } } & \underline { \text { Ratio } } \\\hline 1 & \$ 6,400 & 1.10 \\\hline 2 & \$ 1,000 & 1.30 \\\hline 3 & \$ 1,000 & 1.06 \\\hline 4 & \$ 9,000 & 1.30 \\\hline\end{array}$$

• A)Choice 1
• B)Choice 2
• C)Choice 3
• D)Choice 4

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Definitions:

Food

Any nutritious substance that people or animals eat or drink to maintain life and growth.

Pain

A complex sensory and emotional experience associated with actual or potential tissue damage, or described in terms of such damage.

Negative Reinforcement

A behavioral principle where the removal of an unpleasant stimulus strengthens or increases the likelihood of a desired response.

Pill

A small, round, solid pharmaceutical oral dosage form of medication that can contain various active ingredients.