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How much is the company working capital

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Question - On December 31, 2015, Company A reports total assets of $4,500,000 and total equity of $2,345,000. All liabilities are current (the company has no long-term debt). The company has a current ratio of 0.7. How much is the company's working capital?

a. $1,508,500

b. $1,641,500

c. -$646,500

d. $3,078,571

Reference no: EM132027752

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