A company with working capital of $900,000 and a current ratio of 4 pays a $140,000 short-term liability. The amount of working capital immediately after payment is Oa. $140,000 Ob. $1,040,000 Oc. $900,000 Od. $760,000
A company with working capital of $900,000 and a current ratio of 4 pays a $140,000 short-term liability. The amount of working capital immediately after payment is Oa. $140,000 Ob. $1,040,000 Oc. $900,000 Od. $760,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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