The net working capital for a company with current assets of $69,000, quick assets of $32,000 total assets of $130,000, current liabilities of $48,000 and net sales of $82,000 would be:
A)$101,000.
B)$53,000.
C)$13,000.
D)$21,000.

Question

Quizplus · Accepted Answer

Net Working Capital (NWC) can be calculated as follows:

NWC = Current Assets - Current Liabilities

NWC = $69,000 - $48,000

NWC = $21,000

Therefore, the net working capital for the company is $21,000. The correct answer is D.

The Net Working Capital for a Company with Current Assets