Use this information to answer the following question. The total amount of working capital is
A)$150,000.
B)$370,000.
C)$100,000.
D)$60,000.

Question

Use this information to answer the following question.  The total amount of working capital is
A)$150,000. 
B)$370,000. 
C)$100,000. 
D)$60,000.

Quizplus · Accepted Answer

The total working capital is the difference between current assets and current liabilities. From the given information, current assets are $150,000 and current liabilities are $50,000. Therefore, the total working capital is $150,000 - $50,000 = $100,000. Thus, the best choice is C.

Use This Information to Answer the Following Question