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    Fundamental Accounting Principles Study Set 1
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    Exam 17: Analysis of Financial Statements
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    Jones Corp
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Jones Corp

Question 121

Question 121

Multiple Choice

Jones Corp. reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet.
-The working capital is:


A) 71%.
B) 41%.
C) $56,000.
D) 141%.
E) ($56,000) .

Correct Answer:

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