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Hardy Company Has Current Assets of $95,000, Current Liabilities of $100,000

Question 112

Multiple Choice

Hardy Company has current assets of $95,000, 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) $85,000 and .95:1.
B) -$5,000 and 1.95:1.
C) $5,000 and .95:1.
D) -$5,000 and .95:1.

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