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Iris Company has the following accounts and balances on December 31, 2021: Supplies Notes Payable (due on March 1, 2022) Owner's Capital Cash Accounts Payable
Iris Company has the following accounts and balances on December 31, 2021: Supplies Notes Payable (due on March 1, 2022) Owner's Capital Cash Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Equipment $30,000 50.000 205,000 150.000 45,000 40,000 20,000 100,000 Total Current Liabilities is equal to: $135,000 $95,000 $90,000 $70,000. None of the above Iris Company's Working Capital is: * $225,000 $205,000 $125,000 $95,000 None of the above Iris Company's Current Ratio is: (rounded) 2.316 O 1.63 2.44 None of the above Raru Pane 4 of in Clear farm
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