Multiple Choice
The balance sheet of Hemp Ltd at 30 June 2016 showed: noncurrent assets $500 000;noncurrent liabilities $320 000;total liabilities $400 000;and shareholders' equity $300 000.What was the working capital of Hemp Ltd at 30 June 2016?
A) $120 000
B) $180 000
C) $200 000
D) $300 000
Correct Answer:
Verified
Correct Answer:
Verified
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