The net working capital for a company with current assets of $70,000,quick assets of $30,000,total assets of $150,000,current liabilities of $50,000 and net sales of $80,000 would be:
A)$100,000.
B)$50,000.
C)$30,000.
D)$20,000.

Question

Quizplus · Accepted Answer

Net working capital is calculated as current assets minus current liabilities. Here, it is $70,000 (current assets) - $50,000 (current liabilities) = $20,000.

The Net Working Capital for a Company with Current Assets