Question
A company with working capital of $432,741 and a current ratio of 3.7 pays a $82,808 short-term liability. Determine the amount of working capital
A company with working capital of $432,741 and a current ratio of 3.7 pays a $82,808 short-term liability. Determine the amount of working capital immediately after payment. Select the correct answer. $82,808 $515,549 $432,741 $349,933
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
