Working capital is calculated as: a) Total assets minus total liabilities b) Current assets minus current liabilities c) Fixed assets minus current liabilities d) Total equity minus long-term debt.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
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Working capital is calculated as:
a) Total assets minus total liabilities
b) Current assets minus current liabilities
c) Fixed assets minus current liabilities
d) Total equity minus long-term debt.
Transcribed Image Text:Working capital is calculated as: a) Total assets minus total liabilities b) Current assets minus current liabilities c) Fixed assets minus current liabilities d) Total equity minus long-term debt.
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