1. A business's competitive environment describes:

A. how a business competes for critical resources.

B. how a business makes its product.

C. how a business uses its business model to create a competitive advantage.

D. how a business is affected by the overall economy.

The net working capital for a company with current assets of $ 68,000, quick assets of $ 30,000 total assets of $ 160,000, current liabilities of $ 47,000 and net sales of $ 76,000 would be:

A. $21,000.

B. $98,000.

C. $45,000.

D. $51,000.