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Which of the following statements is CORRECT? A. Net working capital is defined as current assets minus current liabilities. B. Gross working capital is defined

Which of the following statements is CORRECT?

	A.	Net working capital is defined as current assets minus current liabilities.
	B.	Gross working capital is defined as the current liabilities used in operations.
	C.	The current ratio is calculated as net working capital divided by current liabilities.
	D.	Working capital represents the fixed assets a firm uses to support its operations.

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