Use the Information Below for Privett Company to Answer the Questions

question 99

Multiple Choice

Use the information below for Privett Company to answer the questions that follow.
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$$\begin{array}{l}\text { Privett Company }\\\begin{array} { l r } \text { Accounts payable } & \$ 30,000 \\\text { Accounts receivable } & 35,000 \\\text { Accrued liabilities } & 7,000 \\\text { Cash } & 25,000 \\\text { Intangible assets } & 40,000 \\\text { Inventory } & 72,000 \\\text { Long-term investments } & 100,000 \\\text { Long-term liabilities } & 75,000 \\\text { Marketable securities } & 36,000 \\\text { Notes payable (short-term) } & 20,000 \\\text { Property, plant, and equipment } & 400,000 \\\text { Prepaid expenses } & 2,000\end{array}\end{array}$$
-Based on the data for Privett Company, what is the amount of working capital?

• A) $213,000
• B) $113,000
• C) $153,000
• D) $39,000

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Definitions:

Human Services

A field focused on meeting human needs through an interdisciplinary knowledge base, focusing on prevention as well as remediation of problems, and maintaining a commitment to improving the overall quality of life of service populations.

Incidence Rate

The frequency at which a new event, such as an illness or accident, occurs within a specific population during a given time period.

Work-related Injuries

Injuries that occur in the course of employment, often covered by workers' compensation insurance.

Physical Environment

The tangible, physical surroundings in which an organism or community lives, works, or spends time.