The net working capital for a company with current assets of

The net working capital for a company with current assets of $72,000, quick assets of $34,000 total assets of $120,000 current liabilities of $46,000 and net sales of $84,000 would be: O A. $60,000 O B. $2,000 O C. $106,000 O D. $26,000

Solution

Working Capital is the difference between the Current Assets and Current Liabilties.

Net Working Capital = Current Assets - Current Liabilities

= $ 72,000 - $ 46,000

= $ 26,000

Option D is correct answer.