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 balance sheet shown does not provide information on the total amount of working capital. Working capital is calculated by subtracting current liabilities from current assets. However, the total current assets listed ($200,000) minus the total current liabilities listed ($100,000) equals $100,000, which is the answer.

Use This Information to Answer the Following Question