The Accounts and Balances Shown Below Were Gathered from Pastel

question 60

Multiple Choice

The accounts and balances shown below were gathered from Pastel Corporation's trial balance on December 31,2014.All adjusting entries have been made.

-See information for Pastel Corporation above.Pastel Corporation's working capital is

• A) $77,700.
• B) $73,100.
• C) $62,500.
• D) $125,700.

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Definitions:

Equilibrium Constant

The equilibrium constant is a number that expresses the ratio of the concentrations of the products to the reactants at equilibrium, symbolized as K_eq in chemical reactions.

Products

The substances that result from a chemical reaction, situated on the right-hand side of a chemical equation.

Reactants

Substances consumed or altered in the course of a chemical reaction, transitioning from initial substances to products.

Equilibrium Constant

A value that expresses the ratio of the concentration of the products to the concentration of the reactants at equilibrium, indicating the extent of a chemical reaction.