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On June 3 0 , Year 3 , Benson Company s total current assets were $ 5 0 2 , 5 0 0 and its

On June 30, Year 3, Benson Companys total current assets were $502,500 and its total current liabilities were $272,500. On July 1, Year 3, Benson issued a short-term note to a bank for $38,600 cash.Before the transaction After the transaction
a. Working capital
b. Current ratio

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