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A Firm Has Current Assets of $10,000 and Current Liabilities

Question 47

Multiple Choice

A firm has current assets of $10,000 and current liabilities of $6,000. Cash and marketable securities total $4,000, the balance in accounts receivable is $2,000, and the book value of inventory is $4,000. The firm's net working capital is:


A) $2,000.
B) $4,000.
C) $6,000.
D) $9,000.
E) None of the above

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