Question: 97. Working capital is computed as: a. Current liabilities- Current assets. b. Current liabilities Current assets. c. Current assets - Current liabilities. d. Current assets

 97. Working capital is computed as: a. Current liabilities- Current assets.

97. Working capital is computed as: a. Current liabilities- Current assets. b. Current liabilities Current assets. c. Current assets - Current liabilities. d. Current assets + Current liabilities. 98. The par vilue of common stock represents the: a. stock's market value. b. exact amount a corporation receives when it issues the stock. c. amount credited to Commoni Stockaccount when the shares are issued. d. liquidation value of the stock. 99. The Additonal Faidqin Capital account is used when: a. the par value of stock is greater than stated value. b. the stock is sold at an amount greater than stated value. c. the market value of the stock rises above its stated value. a, the number of shaces issued exreeds the stock's stated value

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