If a company has negative working capital,its current assets ________ its current liabilities.
A) equal
B) are divided by
C) are less than
D) are greater than
E) are twice

Name: If a company has negative working capital,its current assets ________ its current liabilities. A) equal B) are divided by C) are less than D) are greater than E) are twice
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Question

Quizplus · Accepted Answer

Negative working capital means that current liabilities are greater than current assets. Therefore, current assets are less than current liabilities.

If a Company Has Negative Working Capital,its Current Assets ________