If Current Assets Are $110,000 and Current Liabilities Are $50,000,working

question 81

Multiple Choice

If current assets are $110,000 and current liabilities are $50,000,working capital will be:

• A)45.5%.
• B)2:2.
• C)$60,000.
• D)$160,000.

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Definitions:

Concrete Operational

A stage in Piaget's theory of cognitive development during which children gain the ability to think logically about concrete events.

Sensorimotor

Pertaining to the initial developmental stage in Piaget's theory, where infants learn about the world primarily through sensory experiences and manipulating objects.

Formal Operational

The stage of cognitive development, according to Piaget, characterized by the ability to think abstractly, logically, and systematically.

Concrete Operational

A stage in Piaget's theory of cognitive development, occurring roughly between the ages of 7 and 11, where children gain the ability for logical thought regarding concrete objects.