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Question 2 Not yet answered Marked out of 1.00 Flag question At year-end, Rapid Airlines had negative net working capital of
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Answer #1

Ans. Option D $5,475 million

*Calculation:

Working capital is the difference between current assets and current liabilities. The negative working capital means that the current liabilities are more than current assets.

Working capital = Current assets - Current liabilities

-$1,877 = $3,598 - Current liabilities

Current liabilities = $3,598 + $1,877

Current liabilities = $5,475 million

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