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What was the working capital of hemp ltd

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Question - The balance sheet of Hemp Ltd at 30 June 2016 showed: noncurrent assets $500 000; noncurrent liabilities $320 000; total liabilities $400 000; and shareholders' equity $300 000. What was the working capital of Hemp Ltd at 30 June 2016?

A. $120 000

B. $180 000

C. $200 000

D. $300 000

Reference no: EM132977797

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