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    Exam 2: Financial Statements and the Annual Report
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    If the Current Ratio Is 2
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If the Current Ratio Is 2

Question 83

Question 83

Multiple Choice

If the current ratio is 2.5 to 1, net income is $6,000, and current liabilities are $18,000, how much is working capital?


A) $ 6,000
B) $ 24,000
C) $ 27,000
D) $ 45,000

Correct Answer:

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