At the Beginning of the Year,a Firm Had Total Assets

question 97

Multiple Choice

At the beginning of the year,a firm had total assets of $51,400,fixed assets of $32,800,and current liabilities of $13,280.At the end of the year,the current assets are $14,800,the fixed assets are $34,100,and the current liabilities are $14,210.What is the change in net working capital for the year?

• A)−$18,930
• B)−$6,950
• C)$11,470
• D)−$4,730
• E)$9,110

---

Definitions:

Theories

Systematically organized principles designed to explain and predict phenomena, based on observation, experimentation, and reasoning.

Stereotypes

Oversimplified and widely held beliefs or opinions about the characteristics, attributes, and behaviors of members of a particular group.

Intergroup Conflict

Disagreement or confrontation between different groups, often arising from competition for resources or fundamental differences in values and beliefs.

Perceptions

The process of organizing, identifying, and interpreting sensory information to represent and understand the environment.