Question
A company with working capital of $500,000 and a current ratio of 2:1 pays a $100,000 short term liability: 1. The amount of working capital
A company with working capital of $500,000 and a current ratio of 2:1 pays a $100,000 short term liability:
1. The amount of working capital immediately after the payment is _______
2. The current ratio immediately after the payment is _________
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Internal Auditing Theory A Systems View
Authors: Hugh Marsh, G A Swanson
1st Edition
089930608X, 978-0899306087
