If Crab Shack Company has a current ratio of 2.5 and current assets of $195,000, the amount of working capital is:
a. $117,000
b. $330,000
c. $380,000
d. $78,000
a
You might also like to view...
After all closing entries have been posted, which of the following accounts is most likely to have a nonzero balance?
a. Income Summary b. Wages Payable c. Interest Expense d. Service Revenue
A filtering of exposure, comprehension, and retention is called ________.
A. stimulus discrimination B. selective perception C. selective attention D. selective intuition E. selective retention
A company reported net sales for 2014 of $265,000 and $545,000 for 2015. The year-end balances of accounts receivable were $39,000 for 2014 and $92,000 for 2015. Calculate the days' sales uncollected at the end of each year for this company and describe any changes in the apparent liquidity of the company's receivables.
What will be an ideal response?
It is assumed that how you behave during an ______ reveals how you behave in general.
Fill in the blank(s) with the appropriate word(s).