A company with working capital of $246,432 and a current ratio of 2.3 pays a $79,600 short-term liability. The amount of working capital immediately after payment is Round your answer to the nearest dollar. Oa. $109,963 Ob. $356,395 Oc. $466,358 Od. $246,432

A company with working capital of $246,432 and a current ratio of 2.3 pays a $79,600 short-term liability. The amount of working capital immediately after payment is Round your answer to the nearest dollar. Oa. $109,963 Ob. $356,395 Oc. $466,358 Od. $246,432

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 company with working capital of $246,432 and a current ratio of 2.3 pays a $79,600 short-term liability. The amount of working capital immediately after payment is
Round your answer to the nearest dollar.
Oa. $109,963
Ob. $356,395
Oc. $466,358
Od. $246,432

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