menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial and Managerial Accounting Study Set 8
  4. Exam
    Exam 5: The Accounting Cycle: Reporting Financial Results
  5. Question
    If Current Assets Are $180,000 and Current Liabilities Are $130,000,working
Solved

If Current Assets Are $180,000 and Current Liabilities Are $130,000,working

Question 66

Question 66

Multiple Choice

If current assets are $180,000 and current liabilities are $130,000,working capital will be:


A) 72%.
B) $50,000.
C) 1.4.
D) $310,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q61: Measures of profitability tell us how quickly

Q62: A debit balance in the income summary

Q63: The Income Summary account has debits of

Q64: Of the following,which is not an alternative

Q65: Which of the following accounts should not

Q67: The report form of the balance sheet

Q68: Publicly owned companies must file their audited

Q69: IFRS 1 requires that management and auditors

Q70: The dividends account should be:<br>A)Closed to income

Q71: If sales are $540,000,expenses are $440,000 and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines