A company had liabilities of 69300 at april 30 the current, Ask an Expert

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A company had liabilities of $69,300 at April 30. The current ratio at that date was 1.7. Assume that management paid $12,7000 of accounts payable on April 29. What is the current ratio and working capital at April 30 as if the April 29 payment was not made?

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Managerial Accounting, Accounting

Category:- Managerial Accounting
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