A company with working capital of $347,628 and a current ratio of 2.9 pays a $78,793 short-term liability. The amount of working capital immediately after payment is Round your answer to the nearest dollar. a. $451,797 b. $347,628 c. $104,169 d. $555,966

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company with working capital of $347,628 and a current ratio of 2.9 pays a $78,793 short-term liability. The amount of working capital immediately after payment is
Round your answer to the nearest dollar.
a. $451,797
b. $347,628
c. $104,169
d. $555,966
Transcribed Image Text:Question Content Area A company with working capital of $347,628 and a current ratio of 2.9 pays a $78,793 short-term liability. The amount of working capital immediately after payment is Round your answer to the nearest dollar. a. $451,797 b. $347,628 c. $104,169 d. $555,966
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