Lamar Company has total current assets of $122,000 and total current liabilities of $57,000 . What is the amount of working capital for Lamar Company?
a. $ 57,000
b. $ 65,000
c. $ 122,000
d. $ 179,000
b
You might also like to view...
Which of the following is an example of positive reinforcement of self-leadership effort?
a. Your outlook has really improved b. You need to set goals for yourself c. You need to use positive rewards d. You need to not think in dysfunctional manners
During September, a small roofing company purchased 500 bundles of a certain type of shingle at a price of $35 per bundle, $5 less than the standard price. Its standard quantity of this type of shingles is 550 bundles. What is the journal entry to record the purchase of materials?
A) Materials 20,000Materials Price Variance 2,500Accounts Payable 17,500 B) Materials 20,000Materials Price Variance 2,500Accounts Payable 22,500 C) Materials 17,500Materials Price Variance 2,500Accounts Payable 15,000 D) Materials 20,000Materials Price Variance 2,750Accounts Payable 17,250
If you are drafting an e-mail message that communicates bad news, you could
A) Discuss the news in one paragraph. B) State the news in the subject line. C) Explain the news thoroughly in the introduction. D) All of the above.
Which of the following contracts requires a writing under the UCC, Article 2?
a. Jeremy, a full-time student, sold his snow blower to a friend for $450. b. Jeremy, a full-time student, purchased a used computer from Office Plus for $300. c. A toy manufacturer contracted to sell dolls valued at $10,000 to a department store. d. Tobias Department Store contracted to sell Jenny a $400 doll.