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    Exam 17: Financial Statement Analysis
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    A Company with Working Capital of $720,000 and a Current
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A Company with Working Capital of $720,000 and a Current

Question 64

Question 64

Multiple Choice

A company with working capital of $720,000 and a current ratio of 2.2 pays a $125,000 short-term liability. The amount of working capital immediately after payment is


A) $845,000
B) $595,000
C) $720,000
D) $125,000

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