Question: 41. Working capital is defined as: A) total assets less total liabilities. B) current assets less current liabilities. C) total assets less current assets. D)

41. Working capital is defined as: A) total assets less total liabilities. B) current assets less current liabilities. C) total assets less current assets. D) total liabilities less current liabilities.42. The statement of cash flows provides answers to which of the following questions? A) A) What amount of funds were raised through the sale of capital stock? B) B) How much cash was provided by operations? C) C) What amount of property and equipment was purchased during the year? D) D) All of the above.42. The statement of cash flows provides answers to which of the following questions? A) A) What amount of funds were raised through the sale of capital stock? B) B) How much cash was provided by operations? C) C) What amount of property and equipment was purchased during the year? D) D) All of the above

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