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Hardy Company Has Current Assets of $90,000, Current Liabilities of $100,000

Question 90

Multiple Choice

Hardy Company has current assets of $90,000, current liabilities of $100,000, long-term, assets of $180,000 and long-term liabilities of $80,000. Hardy Company's working capital and its current ratio are:


A) $90,000 and .90:1.
B) -$10,000 and 1.50:1.
C) $10,000 and .90:1.
D) -10,000 and .90:1.

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