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What will their new total current assets be

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Question - Kingery Corporation has current assets of $1,800,000 and current liabilities of $750,000. If Kingery pays 25% of their current liabilities in cash, what will their new total current assets be?

a. $1,612,500

b. $750,000

c. $1,050,000

d. $1,800,000

Reference no: EM133157598

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