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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 6: The Current Asset Classification, Cash, and Accounts Receivable
  5. Question
    If a Company with Working Capital of $210,000 Pays $4,000
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If a Company with Working Capital of $210,000 Pays $4,000

Question 17

Question 17

Multiple Choice

If a company with working capital of $210,000 pays $4,000 of bonds payable, then its working capital will


A) increase.
B) decrease.
C) remain the same.
D) Not enough information to determine

Correct Answer:

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