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A Company Has Total Assets of $120,000, Current Assets of $63,000

Question 80

Multiple Choice

A company has total assets of $120,000, current assets of $63,000, total liabilities of $50,000, and current liabilities of $36,000. What amount of working capital is available to meet its obligations?


A) $13,000
B) $43,000
C) $70,000
D) $27,000

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