If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A. 200 percent B. 50 percent C. 2.0 D. $58,000
If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A. 200 percent B. 50 percent C. 2.0 D. $58,000
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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![If current assets are $100,000 and current liabilities are $42,000, what is the working capital?
A. 200 percent
B. 50 percent
C. 2.0
D. $58,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc59f9e39-c89b-45a1-bba4-e12d736df5c0%2F1e1df8d7-1ac5-4fba-81e6-8d527e11a159%2Fhhq2cx_processed.png&w=3840&q=75)
Transcribed Image Text:If current assets are $100,000 and current liabilities are $42,000, what is the working capital?
A. 200 percent
B. 50 percent
C. 2.0
D. $58,000
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