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McRae Corporation's total current assets are $420,000, its noncurrent assets are $530,000, its total current liabilities are $360,000, its long-term liabilities are $280,000, and its

McRae Corporation's total current assets are $420,000, its noncurrent assets are $530,000, its total current liabilities are $360,000, its long-term liabilities are $280,000, and its stockholders' equity is $310,000. Working capital is:

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McRae Corporation's total current assets are $420,000, its noncurrent assets are $530,000, its total current liabilities are $360,000, its long-term liabilities are $280,000, and its stockholders' equity is $310,000. Working capital is: Multiple Choice $60,000 $110,000 $170,000

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