Question: The term working capital denotes the difference between _____________. Question 13 options: Current Assets and Current Liabilities Current Assets and Total Liabilities Total Assets and

The term working capital denotes the difference between _____________.
Question 13 options:
Current Assets and Current Liabilities
Current Assets and Total Liabilities
Total Assets and Total Liabilities
Quick Assets and Current Liabilities
Question 14
In a horizontal analysis of the income statement, the dollar difference between any item for the two years is divided by the ________________
Question 14 options:
Earlier year's amount
Later year's amount

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