The ability to meet long-term obligations and generate future revenues is referred to as:

Multiple Choice

Creditworthiness.

Market prospects.

Profitability.

Solvency.

Liquidity and efficiency.

A company's sales in Year 1 were $390,000 and in Year 2 were $427,500. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is:

Multiple Choice

110%.

10%.

91%.

100%.

9%.

Jones Corporation reported current assets of $183,000 and current liabilities of $132,000 on its most recent balance sheet. The working capital is:

Multiple Choice

39%.

$51,000.

($51,000).

72%.

139%.