Company a Has Total Current Assets Equal to $10,000 and Working

question 202

Multiple Choice

Company A has total current assets equal to $10,000 and working capital of $5,000.Company B has the same amount of working capital,but it has total current assets of $1,000,000.The company with the better working capital position is:

• A) They both have equally good working capital positions.
• B) Company B
• C) Company A
• D) no comparison possible

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Definitions:

Ancient of Days

A term often associated with a depiction of God as the creator and a judge in religious art, notably in William Blake's illustration where God is measuring the universe.

Allegorical Painting

Artwork that uses symbolic figures, actions, or symbolic representation to express ideas or principles broadly.

Liberty Leading

A depiction of the allegorical figure Liberty leading the people to revolution, most famously represented in Eugène Delacroix's 1830 painting.

Paris

The capital city of France, known for its rich history, cultural heritage, architecture, fashion, and as a major global center for art, science, and philosophy.