Multiple Choice
Universal Financial,Inc.has total current assets of $1,200,000; long-term debt of $600,000; total current liabilities of $500,000; and long-term assets of $800,000.How much is the firm's net working capital?
A) $1,000,000
B) $900,000
C) $600,000
D) $700,000
Correct Answer:
Verified
Correct Answer:
Verified
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