Selected information from a company's balance sheet follows: $\begin{array}{ll}
\text { Long-term debt } & \$ 40 \
\text { Retained earnings } & 30 \
\text { Current assets } & 150 \
\text { Property, plant, and equipment } & 60 \
\text { Common stock } & 130 \
\text { Currentliahilities } & 50
\end{array}$
Working capital amounts to
A)$150
B)$130
C)$120
D)$100

Question

Selected information from a company's balance sheet follows: $\begin{array}{ll}
\text { Long-term debt } & \$ 40 \
\text { Retained earnings } & 30 \
\text { Current assets } & 150 \
\text { Property, plant, and equipment } & 60 \
\text { Common stock } & 130 \
\text { Currentliahilities } & 50
\end{array}$
 Working capital amounts to
A)$150
B)$130
C)$120
D)$100

Quizplus · Accepted Answer

The Answer of Selected information from a company's balance sheet follows: $\begin{array}{ll}
\text { Long-term debt } & \$ 40 \
\text { Retained earnings } & 30 \
\text { Current assets } & 150 \
\text { Property, plant, and equipment } & 60 \
\text { Common stock } & 130 \
\text { Currentliahilities } & 50
\end{array}$
 Working capital amounts to
A)$150
B)$130
C)$120
D)$100

Selected Information from a Company's Balance Sheet Follows Working Capital Amounts to A)$150 B)$130 C)$120 D)$100

Selected Information from a Company's Balance Sheet Follows Working Capital Amounts to
A)$150
B)$130
C)$120
D)$100