27. Working Capital Calculation If a company's current assets are $75,000 and current liabilities are $50,000, what is the working capital? . A) $15,000 • B) $20,000 . C) $25,000 • D) $30,000
27. Working Capital Calculation If a company's current assets are $75,000 and current liabilities are $50,000, what is the working capital? . A) $15,000 • B) $20,000 . C) $25,000 • D) $30,000
Chapter5: Completing The Accounting Cycle
Section: Chapter Questions
Problem 16MC: If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A....
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
Transcribed Image Text:27. Working Capital Calculation
If a company's current assets are $75,000 and current liabilities are $50,000, what is the working capital?
.
A) $15,000
•
B) $20,000
.
C) $25,000
•
D) $30,000
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