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  3. Study Set
    Intermediate Accounting IFRS Study Set 1
  4. Exam
    Exam 5: Statement of Financial Position and Statement of Cash Flows
  5. Question
    Working Capital Is
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Working Capital Is

Question 92

Question 92

Multiple Choice

Working capital is


A) capital which has been reinvested in the business.
B) unappropriated retained earnings.
C) cash and receivables less current liabilities.
D) none of these choices are correct.

Correct Answer:

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