Use this information to answer the following question. The total amount of working capital is
A) $370,000.
B) $40,000.
C) $140,000.
D) $60,000.

Question

Use this information to answer the following question.  The total amount of working capital is
A) $370,000. 
B) $40,000. 
C) $140,000. 
D) $60,000.

Quizplus · Accepted Answer

According to the provided information, working capital can be calculated by subtracting current liabilities from current assets. 
Current Assets = $510,000 
Current Liabilities = $370,000 
Therefore, Working Capital = $510,000 - $370,000 = $140,000. Hence, option C, $140,000, is the correct choice.

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