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E 9 - 1 ( Algo ) Identifying Current Liabilities, Computing Working Capital, and Explaining Working Capital LO 9 - 1 , 9 - 4

E9-1(Algo) Identifying Current Liabilities, Computing Working Capital, and Explaining Working Capital LO 9-1,9-4,9-5
Cauce Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of the year:
\table[[Total assets,$580,000
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