Deschambault Corporation's total current assets are $260,000,its noncurrent assets are $700,000,its total current liabilities are $130,000,its long-term liabilities are $510,000,and its stockholders' equity is $320,000.Working capital is:
A)$260,000
B)$320,000
C)$190,000
D)$130,000

Question

Quizplus · Accepted Answer

Working capital = Current assets - Current liabilities
= $260,000 - $130,000 = $130,000

Deschambault Corporation's Total Current Assets Are $260,000,its Noncurrent Assets Are