Question
Darden Company has cash of $27,000, accounts receivable of $37,000, inventory of $19,500, and equipment of $57,000. Assuming current liabilities of $27,500, this company's working
Darden Company has cash of $27,000, accounts receivable of $37,000, inventory of $19,500, and equipment of $57,000. Assuming current liabilities of $27,500, this company's working capital is:
Multiple Choice
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$86,000.
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$9,500.
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$36,500.
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$56,000.
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Applying IFRS Standards
Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas
4th Edition
1119159229, 9781119159223
