On June 30, Star Radio reported total current assets of ($ 45,000), total assets of ($ 200,000),

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On June 30, Star Radio reported total current assets of $\$ 45,000$, total assets of $\$ 200,000$, total current liabilities of $\$ 42,000$, and total liabilities of $\$ 80,000$. How much working capital did Star Radio have on this date?

a. $\$ 87,000$

b. $\$ 200,000$

c. $\$ 3,000$

d. $\$ 123,000$

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Financial Accounting

ISBN: 9780131492011

1st Edition

Authors: Jane L. Reimers

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Question Posted: Jun 06, 2024 01:17 AM

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On June 30, Star Radio reported total current assets of ($ 45,000), total assets of ($ 200,000),

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Financial Accounting

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