What is Transic's working capital for 2016?
A)$35,000
B)$90,000
C)$125,000
D)$18,000

Name: What is Transic's working capital for 2016? A)$35,000 B)$90,000 C)$125,000 D)$18,000
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Quizplus · Accepted Answer

Working capital is calculated as current assets minus current liabilities. Transic's current assets for 2016 are $150,000 and its current liabilities are $115,000, so its working capital is $150,000 - $115,000 = $35,000.

What Is Transic's Working Capital for 2016