Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands):
$$\begin{array} { | l | r | }
\hline \text { Cash } & \$ 75 \
\hline \text { Accounts receivable } & \$ 135 \
\hline \text { Inventory } & \$ 240 \
\hline \text { Total assets } & \$ 900 \
\hline \text { Current liabilities } & \$ 300 \
\hline \text { Non current liabilities } & \$ 375 \
\hline
\end{array}$$
-Refer to the above data. What is working capital amounts to:
A) $225,000.
B) $300,000.
C) $150,000.
D) Some other amount.

Question

Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands):
$$\begin{array} { | l | r | } 
\hline \text { Cash } & \$ 75 \
\hline \text { Accounts receivable } & \$ 135 \
\hline \text { Inventory } & \$ 240 \
\hline \text { Total assets } & \$ 900 \
\hline \text { Current liabilities } & \$ 300 \
\hline \text { Non current liabilities } & \$ 375 \
\hline
\end{array}$$
-Refer to the above data. What is working capital amounts to:
A) $225,000.
B) $300,000.
C) $150,000.
D) Some other amount.

Quizplus · Accepted Answer

The Answer of Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands):
$$\begin{array} { | l | r | } 
\hline \text { Cash } & \$ 75 \
\hline \text { Accounts receivable } & \$ 135 \
\hline \text { Inventory } & \$ 240 \
\hline \text { Total assets } & \$ 900 \
\hline \text { Current liabilities } & \$ 300 \
\hline \text { Non current liabilities } & \$ 375 \
\hline
\end{array}$$
-Refer to the above data. What is working capital amounts to:
A) $225,000.
B) $300,000.
C) $150,000.
D) Some other amount.

Shown Below Are Selected Data from the Balance Sheet of Compros