A Company with Working Capital of $720,000 and a Current

question 64

Multiple Choice

A company with working capital of $720,000 and a current ratio of 2.2 pays a $125,000 short-term liability. The amount of working capital immediately after payment is

• A) $845,000
• B) $595,000
• C) $720,000
• D) $125,000

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Definitions:

Therapeutic Community

A structured treatment environment where patients and staff engage collaboratively in the rehabilitation process, often used for addiction recovery or mental health treatment.

Casework

Professional social work practice focusing on the assessment and treatment of individual cases.

Group Work

A collaborative approach to learning or completing tasks that involves shared effort by members of a group to achieve common goals.

Social Work Groups

Groups formed within the social work discipline that aim to provide support, therapy, or intervention for collective or individual issues.