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Management · Q213

Management Accounting

Graduate and Post Graduate · Management · question 213

Q213

If current assets are 856000 and working capital is 654500, then current liabilities will be

A.
$501,500
B.
$401,500
C.
$201,500
Answer
D.
$301,500

Answer: Option C

Solution

Answer: Option C
Solution:
Current liabilities = Working capital - Current assets
= 654500 = $201,500.
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