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A company with working capital of $810,000 and a current ratio of 2.5 pays a $132,000 short-term liability. The amount of working capital immediately after
A company with working capital of $810,000 and a current ratio of 2.5 pays a $132,000 short-term liability. The amount of working capital immediately after payment is
a.$942,000
b.$678,000
c.$132,000
d.$810,000
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Auditing And Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
12th Edition
