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total current assets are $450,000, Accounts payable $200,000, and Accruals 150,000

Finance Aug 13, 2020

total current assets are $450,000, Accounts payable $200,000, and Accruals 150,000. Find net working capital Select one: O a. $100,000 O b. $250,000 O c. $50,000 O d. $150,000

Expert Solution

Net working capital=[total current asset- total current liability]

Accruals and account payable are treated as current liabilities.

=[450000- 200000 -150000]

= $100000

Correct answer is option (A)$100000

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