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A company with working capital of $500,000 and a current ratio of 2.5pays a $85,000 short-term liability. The amount of working capital immediatelyafter payment is:

a. $585,000

b. $415,000

c. $500,000

d. $85,000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9435616

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