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Management · Q205

Management Accounting

Graduate and Post Graduate · Management · question 205

Q205

If current assets are 250000 and current liabilities are 135500, then working capital would be

A.
$3,855,500
B.
$314,500
C.
$214,500
D.
$114,500
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Working capital = Current assets - Current liabilities
= 135500 = $114,500.
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