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Given a current ratio of 2.5. Current liabilities are $50,000. Working Capital is Select one: a. $30,000 o b. $125,000 oc. $20,000 0 d. $75,000
Given a current ratio of 2.5. Current liabilities are $50,000. Working Capital is Select one: a. $30,000 o b. $125,000 oc. $20,000 0 d. $75,000 e. $24,000 The Hawaii Company purchases a machine on 1/1/21. Details include: Cost Salvage value Estimated life $24.000 $ 4.000 10 years Assume Straight-Line depreciation. Indicate the following amounts: Select one: a. 2023 Depreciation Expense De $6,000 12/31/23 Accumulated Depreciation 56.000 b. 2023 Depreciation Expense $6,000 c. 2023 Depreciation Expense 12/31223 Accumulated Depreciation 52.000 12/3123.Accumulated. Derteciation $7 200 12/3123 Accumulated Depreciation $6.000 123123. Accumulated. Depreciation S7 200 2023 Depreciation Expense 52.000 2023.Depreciation Expense $2.000
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