Company A's current assets = $10,000,total assets = $26,000,current liabilities = $7,000 and total liabilities = $47,000.What is Company A's working capital?
A)$3,000
B)$21,000
C)1.43
D)0.55

Question

Quizplus · Accepted Answer

Working capital is calculated by subtracting current liabilities from current assets. 
So, Working capital = Current assets - Current liabilities
= $10,000 - $7,000
= $3,000
Therefore, the answer is (A) $3,000.

Company A's Current Assets = $10,000,total Assets = $26,000,current Liabilities