Question
A company with working capital of $750,000 and a current ratio of 2.5 pays a $127,000 short-term liability. The amount of working capital immediately after
A company with working capital of $750,000 and a current ratio of 2.5 pays a $127,000 short-term liability. The amount of working capital immediately after payment is
a.$877,000 b.$127,000 c.$623,000 d.$750,000
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Management Accounting
Authors: John Burns, Martin Quinn, Liz Warren, João Oliveira
1st Edition
0077121619, 978-0077121617
