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NEW QUESTION: 1
When is the general cut-off time for interbank payments using TARGET2?
A. 17:00 (5.00 p.m.) Central European Time (CET)
B. 18:30 (6.30 p.m.) CET, but on the last minimum reservefulfillmentday (23rd of a month)
19:30 (7.30 p.m.) CET
C. 18:00 (6.00 p.m.) Central European Time (CET)
D. 18:30 (6.30 p.m.) Central European Time (CET)
Answer: D

NEW QUESTION: 2
The total assets of a corporation are $840,000, of which $350,000 are current items. Total liabilities are
$460,000, of which $290,00 are fixed obligations.
How much is the corporation's working capital?
A. $180,000
B. $110,000
C. $60,000
D. $380,000
Answer: A
Explanation:
Explanation/Reference:
Explanation: $180,000. Subtract current liabilities from current assets. Current liabilities are $170,000 ($460,000 - $290,000).

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A. TRUE
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Answer: A