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Problem on short-term liability

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Reference no: EM13145472

A company with working capital of $500,000 and a current ratio of 2.5pays a $85,000 short-term liability. The amount of working capital immediatelyafter payment is:

a. $585,000

b. $415,000

c. $500,000

d. $85,000

Reference no: EM13145472

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