Manning Inc. has the following account balances: What is the firm's net working capital?

A) $1,270,000
B) $635,000
C) $845,000
D) $3,585,000

Question

Manning Inc. has the following account balances: ​   What is the firm's net working capital?​A) $1,270,000​B) $635,000​C) $845,000​D) $3,585,000​

Amelia Chapman · Accepted Answer

Final Answer : B, Explanation :  Net working capital is calculated by subtracting current liabilities from current assets.Current Assets = $2,090,000Current Liabilities = $1,455,000Net Working Capital = Current Assets - Current Liabilities = $2,090,000 - $1,455,000 = $635,000

Manning Inc. has the following account balances: What is the firm's net working capital?

A) $1,270,000
B) $635,000
C) $845,000
D) $3,585,000

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Related questions

Manning Inc. has the following account balances: ​ What is the firm's net working capital?​A) $1,270,000​B) $635,000​C) $845,000​D) $3,585,000​

Definitions

Learning Objectives

Learning Objectives

Related questions

Manning Inc. has the following account balances: What is the firm's net working capital?

A) $1,270,000
B) $635,000
C) $845,000
D) $3,585,000