Total assets are $900, fixed assets are $600, long-term debt is $500, and short-term debt is $200.What is the amount of net working capital?
A)$0
B)$100
C)$200
D)$300
E)$400

Question

Quizplus · Accepted Answer

Net working capital is calculated as current assets minus current liabilities. Current assets can be found by subtracting fixed assets from total assets ($900 - $600 = $300). Current liabilities are the short-term debt ($200). Therefore, net working capital is $300 - $200 = $100.

Total Assets Are $900, Fixed Assets Are $600, Long-Term Debt