The TimeNow Corporation Had 2014 Fixed Assets of $1345,current Assets

question 40

Multiple Choice

The TimeNow Corporation had 2014 fixed assets of $1345,current assets of $260,current liabilities of $180 and shareholder's equity of $775.The 2013 fixed assets were $1300,current assets of $220,current liabilities of 300,long-term liabilities of $390 and shareholder's equity of $750.What was the change in net working capital for TimeNow in 2014?

• A) 80.
• B) 20.
• C) 60.
• D) 160.

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Definitions:

Ecosystem

A biological community of interacting organisms and their physical environment, interconnected through nutrient cycles and energy flows.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Body Temperature

The measure of the body's ability to generate and get rid of heat, reflecting the balance between heat production and heat loss.

Organ System

A group of organs that work together to perform one or more functions within an organism.