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Selected Information from a Company's Balance Sheet Follows Working Capital Amounts to
A)$150
B)$130
C)$120
D)$100

Question 19

Multiple Choice

Selected information from a company's balance sheet follows:  Long-term debt $40 Retained earnings 30 Current assets 150 Property, plant, and equipment 60 Common stock 130 Currentliahilities 50\begin{array}{ll}\text { Long-term debt } & \$ 40 \\\text { Retained earnings } & 30 \\\text { Current assets } & 150 \\\text { Property, plant, and equipment } & 60 \\\text { Common stock } & 130 \\\text { Currentliahilities } & 50\end{array}
Working capital amounts to


A) $150
B) $130
C) $120
D) $100

Correct Answer:

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