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Describe the calculation required to compute working capital

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Question 1: Describe the calculation required to compute working capital. Explain the significance.

Question 2: Describe the calculation required to compute the current ratio. Explain the significance.

Question 3: Identify whether each of the following accounts would be considered a permanent account (yes/no) and which financial statement it would be reported on (Balance Sheet, Income Statement, or Retained Earnings Statement).

 

Reference no: EM133554153

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