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on June 30, year three, Bensons company. Total current assets were 503,000 and it's total current liabilities were 272,000 on July 1, your three Benson

on June 30, year three, Bensons company. Total current assets were 503,000 and it's total current liabilities were 272,000 on July 1, your three Benson issued a short term note to a bank for 39,000 cash.
A. compute Bensons working capital before an after issue in the note.
B. Compute Bensons current ratio before an after issuing a note.
round to 2 decimal places pleaseee!
image text in transcribed
On June 30, Year 3, Benson Company's total current assets were $503,000 and its total current liabilities were $272,000. On July 1 . Year 3, Benson issued a short-term note to a bank for $39,000 cash. Required a. Compute Benson's working capital before and after issuing the note. b. Compute Benson's current ratio before and after issuing the note. Note: Round your answers to 2 decimal places

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