The Net Working Capital for a Company with Current Assets

question 154

Multiple Choice

The net working capital for a company with current assets of $78,000,quick assets of $42,000,total assets of $177,000 current liabilities of $60,000 and net sales of $90,000 would be:

• A)$60,000.
• B)$30,000.
• C)$18,000.
• D)$117,000.

---

Definitions:

Simplest Form

The most reduced version of a mathematical expression, with no common factors or reducible elements.

Multiplying Fractions

The mathematical process of finding the product of two fractions by multiplying their numerators and denominators separately.

Simplest Form

A term used to describe a fraction when both the numerator and denominator are reduced to their smallest possible integers while still maintaining the same value.

Multiplication Problem

A mathematical question or statement that involves finding the product of two or more numbers or expressions.