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Author Question: Young Corporation has Current Assets of 125,000, Current Liabilities of 50,000, Long-Term ... (Read 144 times)

renzo156

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on: Jul 6, 2018
Young Corporation has Current Assets of 125,000, Current Liabilities of 50,000, Long-Term Liabilities of 25,000 and Total Assets of 300,000 . What is the working capital of Young Corporation?
 a. 75,000
  b. 150,000
  c. 425,000
  d. 500,000

Question 2

The operations of a city bus line receiving all its funding from user charges would be accounted for in
 
  A. A General Fund.
  B. An Enterprise Fund.
  C. An Internal Service Fund.
  D. A Special Revenue Fund.


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samiel-sayed

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

B


renzo156

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

alvinum

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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