Section 1-5

D.

B.
D

B
C

D
D

A or maybe D
C

C
D

C
D

C
D

D
B
C

D
D

D
C

C
B
D
D

D
C

C
C

B
D

C
B

B
C

D
D

C
B

C
Working capital = Current assets – current liability

B
B

C
B

D
Use the above balance sheet to answer questions 56- 59

D
D

B.
Net assets = assets – liabilities OR
Net assets = capital at end
Use the above balance sheet to answer questions 60 – 63

A
 200,000 – 75,000
C