10. If a company has current assets of $230,000 and current liabilities of $100,000 the amount ofits working capital isO $ 130,000O $ 330,000O-$ 130,000O $ 230,000

Formula: Working capital = Current Assets - Current liabilities

Answered: 10. If a company has current assets of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A 60.
QUESTION 8 Calculate the Working Capital Ratio for the following: Current assets: $805,000 Current l'abilities: $1,450,000
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27

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10. If a company has current assets of $230,000 and current liabilities of $100,000 the amount of its working capital is O $ 130,000 O $ 330.000 $ 130,000