The TimeNow Corporation Had 2010 Fixed Assets of $1345, Current

question 8

Multiple Choice

The TimeNow Corporation had 2010 fixed assets of $1345, current assets of 260, current liabilities of 180 and shareholder's equity of 775. What was the net working capital for TimeNow in 2010?

• A) 260
• B) 180
• C) 80
• D) 390

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Definitions:

Motor Manufacturing Technology

The techniques, machinery, and processes used in the production of motors and engines.

Marginal Revenue

The additional revenue gained from selling one more unit of a good or service.

Marginal Product

The additional output resulting from employing one more unit of a particular input, keeping other inputs constant.

Optimal Employment

The level of employment where the marginal product of labor equals the real wage rate, maximizing efficiency and productivity in the use of labor resources.