Compute weslacos working capital before & after issuing note

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Reference no: EM133919468

Problem

On June 30, 2011, Weslaco Company's total current assets were $500,000 and its total current liabilities were $275,000. On July 1, 2011, Weslaco issued a short-term note to a bank for $40,000 cash. Get the instant assignment help. Compute Weslaco's working capital before and after issuing the note. Compute Weslaco's current ratio before and after issuing the note.

Reference no: EM133919468

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