Assume the following data: total current assets = $852; total current liabilities = $406; long-term debt = $442. calculate net w

Question

Zarrin [17]

1 year ago

8

Assume the following data: total current assets = $852; total current liabilities = $406; long-term debt = $442. calculate net w

orking capital.

Business

1 answer:

igor_vitrenko [27] · Answer 1 · 2024-03-26T14:32:19+03:00

Total current assets = $852;

Total current liabilities = $406;

Long-term debt = $442.

net working capital is $446.

<h3>What is the net working capital formula?</h3>

Net working capital = current assets (less cash) – current liabilities (less debt)

<h3>What is the difference between net working capital and working capital?</h3>

When it comes to business finance, the terms "working capital" and "net working capital" are often used interchangeably. However, there is a big difference between the two concepts. Working capital is a measure of a company's short-term liquidity, while net working capital is a measure of a company's overall liquidity.

To lean more about net working capital, refer

brainly.com/question/26214959

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Complete Question is,

A. $446

B. $852

C. $410

D. $4