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30 January, 08:50

A company has net working capital of $1,888. If all its current assets were liquidated, the company would receive $5,819. What are the company's current liabilities? Select one: a. $3,931 b. $7,707 c. $7,362 d. $4,875 e. $3,854

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  1. 30 January, 11:56
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    a. $3,931

    Explanation:

    The net working capital can be calculated using the below mentioned formula:

    Net working capital=current assets - current liabilities

    In the given question,

    Current assets=$5,819

    Net working capital=$1,888

    1,888=5,819-current liabilities

    Current liabilities=$3,931

    So based on the above calculations, the answer shall be a. $3,931
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