A corporation had the following assets and liabilities: What is the amount of working capital and the working capital ratio? $$\begin{array} { | l | c | c | }
\hline & \text { Working Capital } & \text { Working Capital } \
\hline & \underline { \text { Amount } } & \underline { \text { Ratio } } \
\hline 1 & \$ 6,400 & 1.10 \
\hline 2 & \$ 1,000 & 1.30 \
\hline 3 & \$ 1,000 & 1.06 \
\hline 4 & \$ 9,000 & 1.30 \
\hline
\end{array}$$
A)Choice 1
B)Choice 2
C)Choice 3
D)Choice 4

Question

A corporation had the following assets and liabilities:  What is the amount of working capital and the working capital ratio? $$\begin{array} { | l | c | c | } 
\hline & \text { Working Capital } & \text { Working Capital } \
\hline & \underline { \text { Amount } } & \underline { \text { Ratio } } \
\hline 1 & \$ 6,400 & 1.10 \
\hline 2 & \$ 1,000 & 1.30 \
\hline 3 & \$ 1,000 & 1.06 \
\hline 4 & \$ 9,000 & 1.30 \
\hline
\end{array}$$
A)Choice 1 
B)Choice 2 
C)Choice 3 
D)Choice 4

Quizplus · Accepted Answer

The Answer of A corporation had the following assets and liabilities:  What is the amount of working capital and the working capital ratio? $$\begin{array} { | l | c | c | } 
\hline & \text { Working Capital } & \text { Working Capital } \
\hline & \underline { \text { Amount } } & \underline { \text { Ratio } } \
\hline 1 & \$ 6,400 & 1.10 \
\hline 2 & \$ 1,000 & 1.30 \
\hline 3 & \$ 1,000 & 1.06 \
\hline 4 & \$ 9,000 & 1.30 \
\hline
\end{array}$$
A)Choice 1 
B)Choice 2 
C)Choice 3 
D)Choice 4

A Corporation Had the Following Assets and Liabilities: What