-Based on the Above Data,what Is the Amount of Working

question 69

Multiple Choice

-Based on the above data,what is the amount of working capital?

• A)$238,000
• B)$128,000
• C)$168,000
• D)$203,000

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Definitions:

Federal Government

A system of government where powers and responsibilities are divided between a national government and smaller regional governments.

U.S. Trade Balance

The difference between the monetary value of exports and imports of the United States over a specific time period.

Recessions

A significant decline in economic activity across the economy, lasting more than a few months.

Deficit

The amount by which government spending exceeds its revenue over a specified period, leading to borrowing or budget shortfalls.