This topic contains a solution. Click here to go to the answer

Author Question: Young Corporation has Current Assets of 125,000, Current Liabilities of 50,000, Long-Term ... (Read 164 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A

Answer to Question 2

B




renzo156

  • Member
  • Posts: 526
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library