Use the Table for the Question(s)below

question 48

Multiple Choice

Use the table for the question(s) below.
-The balance sheet for a small firm is shown above.All amounts are in thousands of dollars.What is this firm's Net Working Capital?

• A)$30,000
• B)$40,000
• C)$47,000
• D)$89,000

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Definitions:

Tungsten Filaments

Thin strands of tungsten used as the heating element in incandescent light bulbs, producing light when electrically heated.

Incandescent Bulbs

Electric light sources that produce light by heating a filament wire to a high temperature.

Tungsten Lightbulb

A type of incandescent light bulb that uses a tungsten filament to produce light when heated by an electric current.

Candle Power

A measure of light intensity now largely replaced by the metric unit, candela.