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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F84750ce8-9775-44b3-8949-71118a85823f%2F1e9146ed-70bd-4c1e-99b6-18cc3abc0311%2Fe32ig7d_processed.jpeg&w=3840&q=75)
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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