Darden Company has cash of $40,000, accounts receivable of $60,000, inventory of $32,000, and equipment of $100,000. Assuming current liabilities of $48,000, this company's working capital is: Multiple Choice O O O $12,000. $144,000. $52,000. O $84,000. < Prev. 7 of 35 MacBook Air Next > F10 F11 2

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Darden Company has cash of $40,000, accounts receivable of $60,000, inventory of $32,000, and equipment of $100,000. Assuming current liabilities
of $48,000, this company's working capital is:
Multiple Choice
O
O
O
$12,000.
$144,000.
$52,000.
O $84,000.
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Transcribed Image Text:Darden Company has cash of $40,000, accounts receivable of $60,000, inventory of $32,000, and equipment of $100,000. Assuming current liabilities of $48,000, this company's working capital is: Multiple Choice O O O $12,000. $144,000. $52,000. O $84,000. < Prev. 7 of 35 MacBook Air Next > F10 F11 2
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