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    Using Financial Accounting
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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 62

Question 62

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) $ 14,000
C) $ 27,000
D) $ 45,000

Correct Answer:

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