Use the Table for the Question(s)below

question 26

Multiple Choice

Use the table for the question(s) below.
The data above shows the net working capital requirements for Blunderstone Shoes,a company that makes waterproof boots.All figures are in thousands of dollars.
-What can be considered the firm's permanent working capital?

• A)$2,700,000
• B)$3,300,000
• C)$4,100,000
• D)$4,450,000
• E)$4,850,000

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Definitions:

Structural Formula

A graphical representation of a molecular structure, showing how atoms are arranged and bonded together within a molecule.

Acetone

A volatile, colorless solvent known for its ability to dissolve many plastics and synthetic fibers, characterized by its simplest ketone structure.

Lewis Structure

A graphical representation of the valence electrons of atoms in a molecule, showing how the electrons are arranged around atoms.

Acetic Acid

An organic compound with the formula CH3COOH, known as the main component of vinegar besides water.