Multiple Choice
Jones Company has cash of $20,000, accounts receivable of $30,000, inventory of $16,000, and equipment of $50,000. Assuming current liabilities of $24,000, this company's working capital is:
A) $6,000.
B) $26,000.
C) $42,000.
D) $72,000.
Correct Answer:
Verified
Correct Answer:
Verified
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