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.$623,000
b.$877,000
c.$750,000
d.$127,000
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
4th Edition
1473729521, 9781473729520
