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What the amount of working capital immediately after payment

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Reference no: EM132814711

Problem 1: A company with working capital of $720,000 and a current ratio of 2.2 pays a $125,000 short-term liability. The amount of working capital immediately after payment is

a. $720,000
b. $125,000
c. $595,000
d. $845,000

Reference no: EM132814711

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