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    Introductory Financial Accounting for Business Study Set 1
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    Exam 14: Financial Statement Analysis Available Online in Connect
  5. Question
    Darden Company Has Cash of $37,000, Accounts Receivable of $47,000
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Darden Company Has Cash of $37,000, Accounts Receivable of $47,000

Question 85

Question 85

Multiple Choice

Darden Company has cash of $37,000, accounts receivable of $47,000, inventory of $24,500, and equipment of $67,000. Assuming current liabilities of $32,500, this company's working capital is:


A) $51,500.
B) $76,000.
C) $106,000.
D) $14,500.

Correct Answer:

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