Moe's Tavern Inc has current assets of $12,000 of which $4,000 is inventory and $2,000 in current liabilities. What is its working capital? Group of answer choices A. $6,000 B. $8,000 C. $10,000 D. S 12,000

Moe's Tavern Inc has current assets of $12,000 of which $4,000 is inventory and $2,000 in current liabilities. What is its working capital? Group of answer choices A. $6,000 B. $8,000 C. $10,000 D. S 12,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter5: Completing The Accounting Cycle

Section: Chapter Questions

Problem 16MC: If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A....

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A-7

Moe's Tavern Inc has current assets of $12,000 of which $4,000 is inventory and $2,000 in current
liabilities. What is its working capital? Group of answer choices A. $6,000 B. $8,000 C. $10,000 D. S
12,000

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Please help me with show all calculation thanku
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Is the working capital $203,454, $1,026,172 or $137,053?