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How much are the current assets and the current liabilities

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Reference no: EM132429789

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Q1. If working capital is $75,000 and the current ratio is 2.5, how much are the current assets and the current liabilities?

Q2. How will the payment of a $5,000 AP affect the working capital and the current ratio when Working capital is $100,000 and the current ratio is 2?

Reference no: EM132429789

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